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MORTEN HELGER HOLDING ApS

CVR number: 28974531
Frem 34, 2800 Kongens Lyngby

Credit rating

Company information

Official name
MORTEN HELGER HOLDING ApS
Established
2005
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About the company

MORTEN HELGER HOLDING ApS (CVR number: 28974531) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 151.3 kDKK in 2022. The operating profit was 151.3 kDKK, while net earnings were 61.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -21 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MORTEN HELGER HOLDING ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit56.959.56-3.00151.30
EBIT-65.909.56-3.00151.30
Net earnings-66.276.98-88.75-86.4661.38
Shareholders equity total- 353.70- 346.72- 435.46- 521.92- 460.54
Balance sheet total (assets)1 843.051 796.991 728.921 728.921 728.92
Net debt2 196.752 143.712 161.392 247.842 186.46
Profitability
EBIT-%
ROA-5.2 %0.4 %-0.1 %6.8 %
ROE-6.9 %0.4 %-5.0 %-5.0 %3.6 %
ROI-5.2 %0.4 %-0.1 %6.8 %
Economic value added (EVA)-51.4624.7614.4221.88177.52
Solvency
Equity ratio-16.1 %-16.2 %-20.1 %-23.2 %-21.0 %
Gearing-621.1 %-618.3 %-496.3 %-430.7 %-474.8 %
Relative net indebtedness %
Liquidity
Quick ratio576.3
Current ratio576.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:6.81%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Equity ratio:-21.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%

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