MORTEN NØRGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29821755
Kappa 14, Søften 8382 Hinnerup
INFO@MORTEN-NORGAARD.DK
tel: 21733382

Company information

Official name
MORTEN NØRGAARD HOLDING ApS
Established
2009
Domicile
Søften
Company form
Private limited company
Industry

About MORTEN NØRGAARD HOLDING ApS

MORTEN NØRGAARD HOLDING ApS (CVR number: 29821755) is a company from FAVRSKOV. The company recorded a gross profit of -9.1 kDKK in 2024. The operating profit was -9.1 kDKK, while net earnings were 716.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.6 %, which can be considered excellent and Return on Equity (ROE) was 15.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN NØRGAARD HOLDING ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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-7.75-7.70-9.63-8.69-9.13
EBIT-7.75-7.70-9.63-8.69-9.13
Net earnings241.99180.19412.17565.94716.21
Shareholders equity total3 279.673 346.863 759.034 324.974 919.18
Balance sheet total (assets)4 105.644 230.684 496.774 704.165 417.82
Net debt749.84-6.75-6.70251.21369.40
Profitability
EBIT-%
ROA7.0 %9.5 %12.6 %7.8 %21.6 %
ROE7.7 %5.4 %11.6 %14.0 %15.5 %
ROI7.1 %4.9 %11.6 %13.5 %14.9 %
Economic value added (EVA)- 167.20- 210.41- 177.55- 197.76- 239.46
Solvency
Equity ratio79.9 %79.1 %83.6 %91.9 %90.8 %
Gearing23.1 %6.0 %7.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.31.21.60.9
Current ratio0.81.31.21.60.9
Cash and cash equivalents6.786.756.707.707.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:21.6%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.8%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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