Morten Kristiansen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Morten Kristiansen Holding ApS
Morten Kristiansen Holding ApS (CVR number: 37853291) is a company from DRAGØR. The company recorded a gross profit of -63.3 kDKK in 2023. The operating profit was -63.3 kDKK, while net earnings were 2042.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.8 %, which can be considered excellent and Return on Equity (ROE) was 19.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Morten Kristiansen Holding ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -22.48 | - 104.98 | -99.12 | -59.02 | -63.31 |
EBIT | -22.48 | - 104.98 | -99.12 | -59.02 | -63.31 |
Net earnings | 7 254.42 | 1 288.31 | 700.33 | 1 430.12 | 2 042.42 |
Shareholders equity total | 14 153.61 | 7 441.92 | 8 029.24 | 9 344.96 | 11 269.58 |
Balance sheet total (assets) | 14 746.54 | 7 820.89 | 11 669.43 | 12 915.81 | 14 865.84 |
Net debt | -14 671.54 | -7 618.09 | -5 964.63 | -3 432.38 | -2 724.73 |
Profitability | |||||
EBIT-% | |||||
ROA | 72.3 % | 15.1 % | 9.4 % | 31.6 % | 21.8 % |
ROE | 68.7 % | 11.9 % | 9.1 % | 16.5 % | 19.8 % |
ROI | 74.5 % | 15.7 % | 11.9 % | 44.7 % | 29.3 % |
Economic value added (EVA) | - 366.90 | - 793.03 | - 451.11 | - 462.26 | - 532.79 |
Solvency | |||||
Equity ratio | 96.0 % | 95.2 % | 68.8 % | 72.4 % | 75.8 % |
Gearing | 0.0 % | 0.0 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 24.7 | 20.1 | 1.6 | 1.0 | 0.8 |
Current ratio | 24.7 | 20.1 | 1.6 | 1.0 | 0.8 |
Cash and cash equivalents | 14 671.54 | 7 618.09 | 5 966.50 | 3 432.38 | 2 727.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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