MORTEN FICH-OLSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32569889
Østre Havnegade 52, 9000 Aalborg

Company information

Official name
MORTEN FICH-OLSEN HOLDING ApS
Established
2009
Company form
Private limited company
Industry

About MORTEN FICH-OLSEN HOLDING ApS

MORTEN FICH-OLSEN HOLDING ApS (CVR number: 32569889) is a company from AALBORG. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a growth of 71.5 % compared to the previous year. The operating profit percentage was at 97.9 % (EBIT: 1.2 mDKK), while net earnings were 1154 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 22 %, which can be considered excellent. 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. MORTEN FICH-OLSEN HOLDING ApS's liquidity measured by quick ratio was 104.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales536.171 455.671 363.28691.311 185.76
Gross profit522.541 444.291 356.73675.361 160.63
EBIT522.541 444.291 356.73675.361 160.63
Net earnings519.321 442.731 350.10666.501 154.03
Shareholders equity total3 748.295 080.425 497.534 889.025 584.05
Balance sheet total (assets)4 124.165 246.475 780.885 060.155 593.40
Net debt- 269.74- 564.18- 607.31- 298.86- 344.69
Profitability
EBIT-%97.5 %99.2 %99.5 %97.7 %97.9 %
ROA12.4 %30.8 %24.6 %12.5 %21.8 %
ROE13.8 %32.7 %25.5 %12.8 %22.0 %
ROI13.7 %32.2 %25.1 %12.8 %22.1 %
Economic value added (EVA)331.481 252.501 097.26392.26913.31
Solvency
Equity ratio90.9 %96.8 %95.1 %96.6 %99.8 %
Gearing1.8 %1.6 %2.5 %0.7 %0.0 %
Relative net indebtedness %7.0 %-33.1 %-33.8 %-23.2 %-28.3 %
Liquidity
Quick ratio1.45.73.73.7104.1
Current ratio1.45.73.73.7104.1
Cash and cash equivalents338.27647.46743.58331.54345.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %25.8 %53.3 %55.4 %65.8 %81.3 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:21.8%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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