MORTEN GADE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27178103
Kløvertoften 33, 7100 Vejle

Company information

Official name
MORTEN GADE HOLDING ApS
Established
2003
Company form
Private limited company
Industry

About MORTEN GADE HOLDING ApS

MORTEN GADE HOLDING ApS (CVR number: 27178103) is a company from VEJLE. The company recorded a gross profit of -13.5 kDKK in 2024. The operating profit was -13.5 kDKK, while net earnings were 2293.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good and Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN GADE HOLDING ApS's liquidity measured by quick ratio was 45.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-4.25-4.99-4.53-9.88-13.50
EBIT-4.25-4.99-4.53-9.88-13.50
Net earnings1 576.601 832.231 941.672 265.992 293.37
Shareholders equity total12 335.3914 057.0115 885.6918 037.2720 212.84
Balance sheet total (assets)12 344.4714 060.1415 888.8118 049.9020 266.11
Net debt-1 150.70- 355.27-1 215.73-2 145.39-2 254.55
Profitability
EBIT-%
ROA13.6 %13.9 %13.1 %13.4 %12.2 %
ROE13.6 %13.9 %13.0 %13.4 %12.0 %
ROI13.6 %13.9 %13.1 %13.4 %12.2 %
Economic value added (EVA)405.08537.03524.90569.29628.17
Solvency
Equity ratio99.9 %100.0 %100.0 %99.9 %99.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio139.2223.1498.8198.145.3
Current ratio139.2223.1498.8198.145.3
Cash and cash equivalents1 150.70355.271 215.732 145.392 254.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:12.2%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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