Morthorst Huse Aps — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 171.89 | 177.48 | 177.07 | 666.69 | 167.63 |
EBIT | 151.89 | 157.48 | 161.08 | 634.15 | 154.25 |
Net earnings | 61.20 | 75.98 | 92.00 | 821.19 | -95.70 |
Shareholders equity total | 496.19 | 572.17 | 664.17 | 1 485.37 | 1 389.67 |
Balance sheet total (assets) | 3 310.84 | 3 326.94 | 3 319.45 | 4 022.29 | 6 231.35 |
Net debt | 2 216.18 | 2 573.07 | 2 563.18 | 929.21 | 4 308.31 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.0 % | 4.7 % | 4.8 % | 33.1 % | 3.0 % |
ROE | 13.1 % | 14.2 % | 14.9 % | 76.4 % | -6.7 % |
ROI | 5.2 % | 4.9 % | 5.0 % | 38.0 % | 3.4 % |
Economic value added (EVA) | 98.55 | 5.04 | 5.47 | 339.34 | 68.31 |
Solvency | |||||
Equity ratio | 15.0 % | 17.2 % | 20.0 % | 36.9 % | 22.3 % |
Gearing | 539.3 % | 457.6 % | 385.9 % | 112.6 % | 336.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.1 | 0.3 | 0.7 | |
Current ratio | 0.9 | 0.1 | 0.3 | 0.7 | |
Cash and cash equivalents | 459.80 | 45.39 | 743.91 | 364.46 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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