Morten Iversen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Morten Iversen Holding ApS
Morten Iversen Holding ApS (CVR number: 29514313) is a company from RUDERSDAL. The company recorded a gross profit of -63.2 kDKK in 2023. The operating profit was -98.7 kDKK, while net earnings were 6781.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good and Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Morten Iversen Holding ApS's liquidity measured by quick ratio was 3 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 7.07 | 9.80 | -72.60 | -66.18 | -63.19 |
EBIT | -45.35 | -29.69 | - 112.09 | - 105.67 | -98.67 |
Net earnings | 1 624.08 | 9 003.89 | 29 052.49 | 14 058.47 | 6 781.81 |
Shareholders equity total | 28 325.27 | 36 079.17 | 62 631.66 | 73 190.13 | 75 971.94 |
Balance sheet total (assets) | 30 643.85 | 38 621.02 | 64 984.52 | 75 063.14 | 81 507.77 |
Net debt | 2 309.34 | 2 244.51 | 2 001.89 | 1 138.71 | 4 144.73 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.5 % | 25.9 % | 56.1 % | 20.2 % | 9.0 % |
ROE | 5.7 % | 28.0 % | 58.9 % | 20.7 % | 9.1 % |
ROI | 5.5 % | 25.9 % | 56.1 % | 20.2 % | 9.0 % |
Economic value added (EVA) | 558.80 | 675.00 | 1 027.36 | 2 226.58 | 1 688.84 |
Solvency | |||||
Equity ratio | 92.4 % | 93.4 % | 96.4 % | 97.5 % | 93.2 % |
Gearing | 8.2 % | 7.0 % | 3.7 % | 2.5 % | 7.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.6 | 3.0 | 67.5 | 3.0 |
Current ratio | 0.8 | 0.6 | 3.0 | 67.5 | 3.0 |
Cash and cash equivalents | 284.45 | 337.16 | 722.30 | 1 378.90 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | AA | AAA |
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