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MORTEN TANG HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2023 | 2024 | 2025 | |
|---|---|---|---|
| Volume | |||
| Net sales | 1 636.99 | 2 152.65 | |
| Gross profit | -26.06 | 1 610.77 | 1 890.01 |
| EBIT | -26.06 | 1 610.77 | 1 890.01 |
| Net earnings | 2 998.15 | 2 202.42 | 2 291.52 |
| Shareholders equity total | 22 671.50 | 24 751.92 | 26 908.44 |
| Balance sheet total (assets) | 23 668.03 | 25 588.27 | 27 396.09 |
| Net debt | -3 750.10 | -2 850.53 | -2 777.57 |
| Profitability | |||
| EBIT-% | 98.4 % | 87.8 % | |
| ROA | 13.0 % | 9.6 % | 8.9 % |
| ROE | 13.2 % | 9.3 % | 8.9 % |
| ROI | 13.6 % | 9.9 % | 9.0 % |
| Economic value added (EVA) | -22.57 | 404.84 | 621.72 |
| Solvency | |||
| Equity ratio | 95.8 % | 96.7 % | 98.2 % |
| Gearing | 0.0 % | 1.2 % | 0.2 % |
| Relative net indebtedness % | -141.3 % | -109.0 % | |
| Liquidity | |||
| Quick ratio | 5.3 | 6.4 | 10.5 |
| Current ratio | 5.3 | 6.4 | 10.5 |
| Cash and cash equivalents | 3 755.31 | 3 149.54 | 2 834.05 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | 85.7 % | 83.5 % | |
| Credit risk | |||
| Credit rating | A | AA | AAA |
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