MORTEN THYE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33034202
Krathusvej 13, 8240 Risskov

Credit rating

Company information

Official name
MORTEN THYE HOLDING ApS
Established
2010
Company form
Private limited company
Industry

About MORTEN THYE HOLDING ApS

MORTEN THYE HOLDING ApS (CVR number: 33034202) is a company from AARHUS. The company recorded a gross profit of 22.7 mDKK in 2023. The operating profit was 22.7 mDKK, while net earnings were 16 mDKK. The profitability of the company measured by Return on Assets (ROA) was 32.4 %, which can be considered excellent and Return on Equity (ROE) was 48.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MORTEN THYE HOLDING ApS's liquidity measured by quick ratio was 2.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit12 401.0223 061.5318 360.61- 199.5822 678.67
EBIT12 401.0226 998.7816 364.61- 199.5822 678.67
Net earnings1 916.15-8 885.16-1 407.35-15 317.0516 014.49
Shareholders equity total45 433.1336 547.9735 140.6219 823.5746 762.51
Balance sheet total (assets)65 603.48111 672.84107 245.1893 833.0198 745.63
Net debt-8 873.0948 605.8341 928.0138 804.94- 153.82
Profitability
EBIT-%
ROA87.4 %56.1 %18.3 %-4.3 %32.4 %
ROE4.2 %-21.7 %-3.9 %-55.7 %48.1 %
ROI105.2 %68.4 %23.8 %-6.4 %57.7 %
Economic value added (EVA)9 674.2219 937.5219 314.61- 364.4618 116.93
Solvency
Equity ratio69.3 %32.7 %32.8 %21.1 %49.9 %
Gearing20.0 %148.8 %119.4 %195.8 %6.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.20.81.00.72.1
Current ratio2.20.81.00.71.8
Cash and cash equivalents17 978.435 786.7130.163 082.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:32.4%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.9%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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