Morten Nesgaard Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Morten Nesgaard Holding ApS
Morten Nesgaard Holding ApS (CVR number: 40745394) is a company from JAMMERBUGT. The company recorded a gross profit of -16.8 kDKK in 2024. The operating profit was -16.8 kDKK, while net earnings were 458.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.4 %, which can be considered excellent and Return on Equity (ROE) was 23.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.7 %, 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 Nesgaard Holding ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -17.17 | -18.11 | -18.69 | -4.25 | -16.80 |
EBIT | -17.17 | -18.11 | -18.69 | -4.25 | -16.80 |
Net earnings | 802.28 | 565.76 | 453.06 | 424.53 | 458.57 |
Shareholders equity total | 722.17 | 1 174.94 | 1 513.59 | 1 820.32 | 2 156.90 |
Balance sheet total (assets) | 3 602.38 | 2 531.45 | 2 749.82 | 2 851.63 | 3 185.61 |
Net debt | 2 596.36 | 1 350.27 | 1 065.70 | 315.40 | -39.50 |
Profitability | |||||
EBIT-% | |||||
ROA | 26.5 % | 21.7 % | 19.2 % | 17.6 % | 16.4 % |
ROE | 42.9 % | 59.6 % | 33.7 % | 25.5 % | 23.1 % |
ROI | 27.7 % | 22.8 % | 19.9 % | 18.4 % | 16.6 % |
Economic value added (EVA) | 141.98 | 129.74 | 25.36 | 46.82 | 26.85 |
Solvency | |||||
Equity ratio | 20.0 % | 46.4 % | 55.0 % | 63.8 % | 67.7 % |
Gearing | 359.5 % | 114.9 % | 71.5 % | 51.7 % | 47.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.4 | 0.2 | 0.8 | 1.3 |
Current ratio | 0.1 | 0.4 | 0.2 | 0.8 | 1.3 |
Cash and cash equivalents | 16.02 | 626.30 | 1 068.22 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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