MORTEN THØGERSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MORTEN THØGERSEN HOLDING ApS
MORTEN THØGERSEN HOLDING ApS (CVR number: 27504922) is a company from FAVRSKOV. The company recorded a gross profit of -80.9 kDKK in 2024. The operating profit was -80.9 kDKK, while net earnings were 1829.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent and Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 44.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MORTEN THØGERSEN HOLDING ApS's liquidity measured by quick ratio was 0.6 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 | -59.90 | - 134.50 | - 262.19 | - 181.04 | -80.91 |
EBIT | -59.90 | - 134.50 | - 262.19 | - 181.04 | -80.91 |
Net earnings | 15 029.16 | 10 389.01 | 2 468.71 | 5 569.42 | 1 829.84 |
Shareholders equity total | 45 515.14 | 36 337.80 | 25 551.63 | 23 198.76 | 25 028.60 |
Balance sheet total (assets) | 48 827.14 | 43 583.71 | 46 863.94 | 57 683.87 | 56 589.37 |
Net debt | 210.05 | 677.52 | 21 082.81 | 34 091.35 | 31 463.46 |
Profitability | |||||
EBIT-% | |||||
ROA | 30.0 % | 23.0 % | 6.2 % | 11.5 % | 4.3 % |
ROE | 36.8 % | 25.4 % | 8.0 % | 22.8 % | 7.6 % |
ROI | 33.8 % | 23.0 % | 6.2 % | 11.5 % | 4.3 % |
Economic value added (EVA) | -2 165.75 | -2 548.18 | -2 426.02 | -2 493.28 | -2 954.96 |
Solvency | |||||
Equity ratio | 93.2 % | 83.4 % | 54.5 % | 40.2 % | 44.2 % |
Gearing | 7.2 % | 19.6 % | 83.2 % | 148.6 % | 126.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.1 | 2.0 | 0.8 | 0.6 | 0.6 |
Current ratio | 5.1 | 2.0 | 0.8 | 0.6 | 0.6 |
Cash and cash equivalents | 3 084.45 | 6 444.26 | 172.19 | 371.76 | 67.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
Variable visualization
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