MORTEN RIISAGER HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35229086
Bygvænget 12, 9800 Hjørring

Company information

Official name
MORTEN RIISAGER HOLDING ApS
Established
2013
Company form
Private limited company
Industry

About MORTEN RIISAGER HOLDING ApS

MORTEN RIISAGER HOLDING ApS (CVR number: 35229086) is a company from HJØRRING. The company recorded a gross profit of -13.8 kDKK in 2024. The operating profit was -13.8 kDKK, while net earnings were 596.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good and Return on Equity (ROE) was 11.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN RIISAGER HOLDING ApS's liquidity measured by quick ratio was 65.4 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-9.29-9.41-10.75-10.25-13.81
EBIT-9.29-9.41-10.75-10.25-13.81
Net earnings877.68272.54-27.18231.59596.87
Shareholders equity total4 795.694 870.464 738.394 956.695 453.56
Balance sheet total (assets)4 802.444 896.284 757.144 975.445 462.31
Net debt- 451.14- 534.55- 444.40- 208.67- 225.82
Profitability
EBIT-%
ROA19.8 %6.0 %0.8 %4.8 %11.4 %
ROE19.9 %5.6 %-0.6 %4.8 %11.5 %
ROI19.8 %6.0 %0.8 %4.8 %11.5 %
Economic value added (EVA)28.6471.7569.6766.8959.27
Solvency
Equity ratio99.9 %99.5 %99.6 %99.6 %99.8 %
Gearing0.1 %0.2 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio75.423.127.529.265.4
Current ratio75.423.127.529.265.4
Cash and cash equivalents451.14537.05454.40218.67225.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:11.4%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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