MORTEN DEGN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28103719
Sølunden 29, Hvam 8620 Kjellerup
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Company information

Official name
MORTEN DEGN HOLDING ApS
Established
2004
Domicile
Hvam
Company form
Private limited company
Industry

About MORTEN DEGN HOLDING ApS

MORTEN DEGN HOLDING ApS (CVR number: 28103719) is a company from SILKEBORG. The company recorded a gross profit of -14.9 kDKK in 2024. The operating profit was -14.9 kDKK, while net earnings were 141.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN DEGN HOLDING ApS's liquidity measured by quick ratio was 133 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-8.50-10.51-11.63-26.56-14.94
EBIT-8.50-10.51-11.63-26.56-14.94
Net earnings-4 152.302 925.801 567.20118.65141.42
Shareholders equity total20 309.2923 235.0924 702.2824 695.9324 712.35
Balance sheet total (assets)21 627.2623 317.1624 812.3324 851.3924 822.73
Net debt1 251.36- 421.38-19.12-13.03-3.68
Profitability
EBIT-%
ROA-17.4 %13.4 %7.0 %1.1 %1.0 %
ROE-18.5 %13.4 %6.5 %0.5 %0.6 %
ROI-17.5 %13.4 %7.0 %1.1 %1.0 %
Economic value added (EVA)-1 297.47-1 091.62-1 176.63-1 262.01-1 252.62
Solvency
Equity ratio93.9 %99.6 %99.6 %99.4 %99.6 %
Gearing6.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.3197.9109.076.9133.0
Current ratio0.3197.9109.076.9133.0
Cash and cash equivalents0.01421.3819.1213.033.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:0.99%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 93/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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