Morthorst Huse Aps — Credit Rating and Financial Key Figures

CVR number: 39132567
Under Egen 12, Halgårde 7500 Holstebro
morthorsthuse@gmail.com
tel: 27123215

Credit rating

Company information

Official name
Morthorst Huse Aps
Personnel
1 person
Established
2017
Domicile
Halgårde
Company form
Private limited company
Industry

About Morthorst Huse Aps

Morthorst Huse Aps (CVR number: 39132567) is a company from HOLSTEBRO. The company recorded a gross profit of 167.6 kDKK in 2024. The operating profit was 154.3 kDKK, while net earnings were -95.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was -6.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Morthorst Huse Aps's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit171.89177.48177.07666.69167.63
EBIT151.89157.48161.08634.15154.25
Net earnings61.2075.9892.00821.19-95.70
Shareholders equity total496.19572.17664.171 485.371 389.67
Balance sheet total (assets)3 310.843 326.943 319.454 022.296 231.35
Net debt2 216.182 573.072 563.18929.214 308.31
Profitability
EBIT-%
ROA5.0 %4.7 %4.8 %33.1 %3.0 %
ROE13.1 %14.2 %14.9 %76.4 %-6.7 %
ROI5.2 %4.9 %5.0 %38.0 %3.4 %
Economic value added (EVA)98.555.045.47339.3468.31
Solvency
Equity ratio15.0 %17.2 %20.0 %36.9 %22.3 %
Gearing539.3 %457.6 %385.9 %112.6 %336.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.10.30.7
Current ratio0.90.10.30.7
Cash and cash equivalents459.8045.39743.91364.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.03%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.3%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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