MORTEN THOMASSEN ApS — Credit Rating and Financial Key Figures

CVR number: 27572774
Rosenvangs Allé 209, 8270 Højbjerg

Company information

Official name
MORTEN THOMASSEN ApS
Established
2004
Company form
Private limited company
Industry

About MORTEN THOMASSEN ApS

MORTEN THOMASSEN ApS (CVR number: 27572774) is a company from AARHUS. The company recorded a gross profit of -9.5 kDKK in 2024. The operating profit was -9.5 kDKK, while net earnings were 906.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.2 %, which can be considered excellent and Return on Equity (ROE) was 21.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN THOMASSEN ApS's liquidity measured by quick ratio was 32.1 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-11.13-8.21-12.02-24.13-9.54
EBIT-11.13-8.21-12.02-24.13-9.54
Net earnings163.19156.96- 512.13101.21906.10
Shareholders equity total4 340.084 197.043 684.913 786.124 692.22
Balance sheet total (assets)4 359.384 350.743 743.793 801.624 841.77
Net debt-4 321.88-4 243.24-3 661.29-3 759.12-4 799.27
Profitability
EBIT-%
ROA4.1 %4.8 %-0.2 %2.7 %24.2 %
ROE3.8 %3.7 %-13.0 %2.7 %21.4 %
ROI4.1 %4.8 %-0.2 %2.7 %24.6 %
Economic value added (EVA)-11.91-7.31-6.03-22.90-9.22
Solvency
Equity ratio99.6 %96.5 %98.4 %99.6 %96.9 %
Gearing1.7 %1.3 %0.2 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio224.228.163.0243.032.1
Current ratio224.228.163.0243.032.1
Cash and cash equivalents4 321.884 316.243 709.293 767.124 807.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:24.2%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.9%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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