MORTEN RUTH HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 36531940
Torvet 21, 6700 Esbjerg

Company information

Official name
MORTEN RUTH HOLDING ApS
Established
2015
Company form
Private limited company
Industry

About MORTEN RUTH HOLDING ApS

MORTEN RUTH HOLDING ApS (CVR number: 36531940) is a company from ESBJERG. The company recorded a gross profit of -34.4 kDKK in 2023. The operating profit was -34.4 kDKK, while net earnings were 2242.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.8 %, which can be considered good and Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 90 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN RUTH HOLDING ApS's liquidity measured by quick ratio was 11.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-5.65-7.28-25.08-27.38-34.38
EBIT-5.65-7.28-25.08-27.38-34.38
Net earnings2 856.85819.612 992.133 640.552 242.67
Shareholders equity total7 831.038 595.3411 030.9614 671.5116 855.28
Balance sheet total (assets)9 882.879 588.1111 655.3515 512.4418 719.24
Net debt-3 800.12-5 748.41-5 722.55-9 430.37-12 828.97
Profitability
EBIT-%
ROA36.6 %8.9 %33.3 %27.3 %13.8 %
ROE44.4 %10.0 %30.5 %28.3 %14.2 %
ROI41.0 %9.4 %34.6 %28.8 %15.0 %
Economic value added (EVA)-14.82130.351.36-45.75- 113.51
Solvency
Equity ratio79.2 %89.6 %94.6 %94.6 %90.0 %
Gearing15.5 %9.9 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio4.68.4548.2910.811.3
Current ratio4.68.4548.2910.811.3
Cash and cash equivalents5 016.716 599.735 728.219 430.3712 828.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:13.8%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.0%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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