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

CVR number: 28504950
Kastanievej 11, Laurbjerg 8870 Langå

Credit rating

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 reported a net sales of 2.2 mDKK in 2025, demonstrating a growth of 31.5 % compared to the previous year. The operating profit percentage was at 87.8 % (EBIT: 1.9 mDKK), while net earnings were 2291.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good and Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.2 %, 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 10.5 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
2025
Volume
Net sales1 636.992 152.65
Gross profit-26.061 610.771 890.01
EBIT-26.061 610.771 890.01
Net earnings2 998.152 202.422 291.52
Shareholders equity total22 671.5024 751.9226 908.44
Balance sheet total (assets)23 668.0325 588.2727 396.09
Net debt-3 750.10-2 850.53-2 777.57
Profitability
EBIT-%98.4 %87.8 %
ROA13.0 %9.6 %8.9 %
ROE13.2 %9.3 %8.9 %
ROI13.6 %9.9 %9.0 %
Economic value added (EVA)-22.57404.84621.72
Solvency
Equity ratio95.8 %96.7 %98.2 %
Gearing0.0 %1.2 %0.2 %
Relative net indebtedness %-141.3 %-109.0 %
Liquidity
Quick ratio5.36.410.5
Current ratio5.36.410.5
Cash and cash equivalents3 755.313 149.542 834.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %85.7 %83.5 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:8.87%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:98.2%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
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Roles

Board member
Chairman of the board

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