MORTEN HAXHOLM HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31068452
Klinkhøjvej 36, Kølkær 7400 Herning

Company information

Official name
MORTEN HAXHOLM HOLDING ApS
Established
2007
Domicile
Kølkær
Company form
Private limited company
Industry

About MORTEN HAXHOLM HOLDING ApS

MORTEN HAXHOLM HOLDING ApS (CVR number: 31068452) is a company from HERNING. The company recorded a gross profit of -5.5 kDKK in 2023. The operating profit was -5.5 kDKK, while net earnings were 548.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good and Return on Equity (ROE) was 13.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 94.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN HAXHOLM HOLDING ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-4.83-4.83-4.83-4.83-5.46
EBIT-4.83-4.83-4.83-4.83-5.46
Net earnings409.87564.16669.24622.78548.46
Shareholders equity total2 322.222 775.783 332.023 840.404 271.06
Balance sheet total (assets)2 467.362 973.143 549.824 042.384 535.45
Net debt43.7236.7979.27102.89254.24
Profitability
EBIT-%
ROA17.5 %20.9 %20.7 %16.5 %12.8 %
ROE18.9 %22.1 %21.9 %17.4 %13.5 %
ROI18.2 %21.9 %21.7 %17.0 %12.9 %
Economic value added (EVA)26.7630.9460.4895.10116.06
Solvency
Equity ratio94.1 %93.4 %93.9 %95.0 %94.2 %
Gearing2.0 %1.5 %2.4 %2.8 %6.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.90.80.80.8
Current ratio0.90.90.80.80.8
Cash and cash equivalents1.594.981.924.974.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.2%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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