MORTEN K HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 30203887
Fælledvej 3, Studsgård 7400 Herning
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Credit rating

Company information

Official name
MORTEN K HOLDING ApS
Established
2007
Domicile
Studsgård
Company form
Private limited company
Industry

About MORTEN K HOLDING ApS

MORTEN K HOLDING ApS (CVR number: 30203887) is a company from HERNING. The company recorded a gross profit of 35.6 kDKK in 2024. The operating profit was 17.6 kDKK, while net earnings were 16 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 94.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN K HOLDING ApS's liquidity measured by quick ratio was 13.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit208.66282.69349.34610.8635.63
EBIT170.01244.03171.27471.4417.60
Net earnings518.87454.59222.34442.7316.03
Shareholders equity total1 530.241 871.831 861.982 304.712 198.74
Balance sheet total (assets)4 012.853 682.504 564.882 836.582 323.34
Net debt2 041.211 332.561 565.05-1 570.29-1 297.89
Profitability
EBIT-%
ROA15.6 %14.7 %8.1 %13.1 %1.4 %
ROE39.1 %26.7 %11.9 %21.3 %0.7 %
ROI16.5 %15.9 %8.8 %14.4 %1.5 %
Economic value added (EVA)-59.40-2.83-66.17227.84- 114.00
Solvency
Equity ratio38.1 %50.8 %40.8 %81.2 %94.6 %
Gearing136.4 %74.6 %122.9 %8.6 %4.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.53.513.1
Current ratio0.20.10.53.513.1
Cash and cash equivalents45.6763.92723.021 768.611 386.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.39%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.6%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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