MORTEN HILMAR JØRGENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32304303
Kratholmvej 2, Fangel 5260 Odense S

Company information

Official name
MORTEN HILMAR JØRGENSEN HOLDING ApS
Established
2011
Domicile
Fangel
Company form
Private limited company
Industry

About MORTEN HILMAR JØRGENSEN HOLDING ApS

MORTEN HILMAR JØRGENSEN HOLDING ApS (CVR number: 32304303) is a company from ODENSE. The company recorded a gross profit of -4 kDKK in 2024. The operating profit was -4 kDKK, while net earnings were 367.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.2 %, which can be considered excellent and Return on Equity (ROE) was 39.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN HILMAR JØRGENSEN HOLDING ApS's liquidity measured by quick ratio was 100.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-4.00-4.00-4.00-4.00-4.00
EBIT-4.00-4.00-4.00-4.00-4.00
Net earnings221.17167.98260.79436.75367.82
Shareholders equity total523.85541.82602.61839.361 007.17
Balance sheet total (assets)571.71582.25656.50961.831 011.58
Net debt-27.39- 220.10- 160.06- 236.19- 286.99
Profitability
EBIT-%
ROA44.5 %29.5 %42.4 %54.2 %38.2 %
ROE47.7 %31.5 %45.6 %60.6 %39.8 %
ROI47.7 %31.9 %45.8 %60.8 %40.8 %
Economic value added (EVA)-24.23-29.70-30.51-34.31-46.21
Solvency
Equity ratio91.6 %93.1 %91.8 %87.3 %99.6 %
Gearing0.1 %0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.95.53.83.0100.9
Current ratio2.95.53.83.0100.9
Cash and cash equivalents27.39220.10160.72236.86287.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:38.2%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 93/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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