MORTEN TANG HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 28504950
Kastanievej 11, Laurbjerg 8870 Langå

Company information

Official name
MORTEN TANG HOLDING A/S
Established
2005
Domicile
Laurbjerg
Company form
Limited company
Industry

About MORTEN TANG HOLDING A/S

MORTEN TANG HOLDING A/S (CVR number: 28504950) is a company from FAVRSKOV. The company recorded a gross profit of -26.2 kDKK in 2024. The operating profit was -26.2 kDKK, while net earnings were 2202.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good and Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN TANG HOLDING A/S's liquidity measured by quick ratio was 6.4 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
2023
2024
Volume
Net sales
Gross profit-26.06-26.22
EBIT-26.06-26.22
Net earnings2 998.152 202.42
Shareholders equity total22 671.5024 751.92
Balance sheet total (assets)23 668.0325 588.27
Net debt-3 750.10-2 850.53
Profitability
EBIT-%
ROA13.0 %9.6 %
ROE13.2 %9.3 %
ROI13.6 %9.9 %
Economic value added (EVA)-22.57-1 161.96
Solvency
Equity ratio95.8 %96.7 %
Gearing0.0 %1.2 %
Relative net indebtedness %
Liquidity
Quick ratio5.36.4
Current ratio5.36.4
Cash and cash equivalents3 755.313 149.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAA

Variable visualization

ROA:9.63%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.7%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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