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 -75.3 kDKK in 2024. The operating profit was -75.6 kDKK, while net earnings were -57.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -0.3 %, which can be considered poor. 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. MOGENS LUND HOLDING A/S's liquidity measured by quick ratio was 483.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 198.86 | 893.14 | - 184.53 | - 185.54 | -75.28 |
| EBIT | - 630.75 | 534.44 | - 434.24 | - 352.80 | -75.56 |
| Net earnings | 4 903.31 | 182.47 | 1 297.55 | 358.32 | -57.86 |
| Shareholders equity total | 44 661.15 | 44 743.63 | 46 041.18 | 18 340.59 | 18 282.74 |
| Balance sheet total (assets) | 46 572.40 | 45 762.43 | 46 164.40 | 18 623.68 | 18 319.04 |
| Net debt | -31 206.09 | -30 847.65 | -32 044.10 | -6 857.77 | -17 558.39 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 13.7 % | 8.0 % | 3.8 % | 9.6 % | 0.8 % |
| ROE | 11.6 % | 0.4 % | 2.9 % | 1.1 % | -0.3 % |
| ROI | 13.9 % | 8.1 % | 3.8 % | 9.7 % | 0.8 % |
| Economic value added (EVA) | -2 564.59 | -1 549.49 | -2 720.87 | -2 564.06 | - 975.27 |
| Solvency | |||||
| Equity ratio | 95.9 % | 97.8 % | 99.7 % | 98.5 % | 99.8 % |
| Gearing | 1.8 % | 1.7 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 27.7 | 31.2 | 265.3 | 254.5 | 483.9 |
| Current ratio | 27.7 | 31.2 | 265.3 | 254.5 | 483.9 |
| Cash and cash equivalents | 31 990.35 | 31 609.42 | 32 044.10 | 6 857.77 | 17 558.39 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | BBB |
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