MORTEN BILSTRUP HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 34600988
Nørremarken 4, 7860 Spøttrup
info@eco2clean.dk
tel: 30403799

Credit rating

Company information

Official name
MORTEN BILSTRUP HOLDING ApS
Established
2012
Company form
Private limited company
Industry

About MORTEN BILSTRUP HOLDING ApS

MORTEN BILSTRUP HOLDING ApS (CVR number: 34600988) is a company from SKIVE. The company recorded a gross profit of -8 kDKK in 2024. The operating profit was -8 kDKK, while net earnings were 62.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 2.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN BILSTRUP HOLDING ApS's liquidity measured by quick ratio was 21.9 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 profit-6.45-6.64-17.94-10.05-8.00
EBIT-6.45-6.64-17.94-10.05-8.00
Net earnings297.31327.54961.90429.0962.30
Shareholders equity total1 152.871 367.402 214.902 526.202 466.49
Balance sheet total (assets)1 223.131 426.022 730.832 564.502 566.17
Net debt- 110.26- 198.02- 651.24- 574.20- 293.73
Profitability
EBIT-%
ROA26.5 %25.7 %46.9 %18.5 %3.0 %
ROE28.1 %26.0 %53.7 %18.1 %2.5 %
ROI28.8 %27.0 %54.5 %20.6 %3.1 %
Economic value added (EVA)-48.22-49.67-68.91-78.54-96.56
Solvency
Equity ratio94.3 %95.9 %81.1 %98.5 %96.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio5.416.74.357.121.9
Current ratio5.416.74.357.121.9
Cash and cash equivalents110.26198.02651.24574.20293.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:3.02%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.1%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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