MOGENS LUND HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MOGENS LUND HOLDING A/S
MOGENS LUND HOLDING A/S (CVR number: 37550140) is a company from HERNING. The company recorded a gross profit of -185.5 kDKK in 2023. The operating profit was -352.8 kDKK, while net earnings were 358.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good but Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MOGENS LUND HOLDING A/S's liquidity measured by quick ratio was 254.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 7.11 | - 198.86 | 893.14 | - 184.53 | - 185.54 |
EBIT | - 398.27 | - 630.75 | 534.44 | - 434.24 | - 352.80 |
Net earnings | 1 073.62 | 4 903.31 | 182.47 | 1 297.55 | 358.32 |
Shareholders equity total | 39 842.84 | 44 661.15 | 44 743.63 | 46 041.18 | 18 340.59 |
Balance sheet total (assets) | 40 991.21 | 46 572.40 | 45 762.43 | 46 164.40 | 18 623.68 |
Net debt | -26 289.68 | -31 206.09 | -30 847.65 | -32 044.10 | -6 857.77 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.1 % | 13.7 % | 8.0 % | 3.8 % | 9.6 % |
ROE | 2.7 % | 11.6 % | 0.4 % | 2.9 % | 1.1 % |
ROI | 3.1 % | 13.9 % | 8.1 % | 3.8 % | 9.7 % |
Economic value added (EVA) | - 898.86 | -1 192.90 | 65.07 | -1 094.22 | - 953.84 |
Solvency | |||||
Equity ratio | 97.2 % | 95.9 % | 97.8 % | 99.7 % | 98.5 % |
Gearing | 2.1 % | 1.8 % | 1.7 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 93.9 | 27.7 | 31.2 | 265.3 | 254.5 |
Current ratio | 93.9 | 27.7 | 31.2 | 265.3 | 254.5 |
Cash and cash equivalents | 27 136.34 | 31 990.35 | 31 609.42 | 32 044.10 | 6 857.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | A |
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