MORTEN KENNE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 30241886
Mosebakken 1, Harte 6000 Kolding

Company information

Official name
MORTEN KENNE HOLDING ApS
Established
2007
Domicile
Harte
Company form
Private limited company
Industry

About MORTEN KENNE HOLDING ApS

MORTEN KENNE HOLDING ApS (CVR number: 30241886) is a company from KOLDING. The company recorded a gross profit of -9.1 kDKK in 2023. The operating profit was -9.1 kDKK, while net earnings were 260.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18 %, which can be considered excellent and Return on Equity (ROE) was 20.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN KENNE HOLDING ApS's liquidity measured by quick ratio was 2.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-6.88-8.88-9.75-8.25-9.06
EBIT-6.88-8.88-9.75-8.25-9.06
Net earnings240.91-7.62457.00467.70260.23
Shareholders equity total522.51404.30861.291 214.601 357.03
Balance sheet total (assets)592.70587.53938.081 398.231 634.54
Net debt0.63-0.08-0.07- 178.27- 175.90
Profitability
EBIT-%
ROA51.3 %-0.2 %59.9 %40.6 %18.0 %
ROE59.9 %-1.6 %72.2 %45.1 %20.2 %
ROI59.9 %-0.3 %72.2 %45.7 %21.2 %
Economic value added (EVA)-1.07-11.79-5.4018.7926.20
Solvency
Equity ratio88.2 %68.8 %91.8 %86.9 %83.0 %
Gearing0.4 %
Relative net indebtedness %
Liquidity
Quick ratio4.21.62.32.52.6
Current ratio4.21.62.32.52.6
Cash and cash equivalents1.340.080.07178.27175.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:18.0%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.0%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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