Morten Nesgaard Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40745394
Granlien 3, 9460 Brovst

Credit rating

Company information

Official name
Morten Nesgaard Holding ApS
Established
2019
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 earnings802.28565.76453.06424.53458.57
Shareholders equity total722.171 174.941 513.591 820.322 156.90
Balance sheet total (assets)3 602.382 531.452 749.822 851.633 185.61
Net debt2 596.361 350.271 065.70315.40-39.50
Profitability
EBIT-%
ROA26.5 %21.7 %19.2 %17.6 %16.4 %
ROE42.9 %59.6 %33.7 %25.5 %23.1 %
ROI27.7 %22.8 %19.9 %18.4 %16.6 %
Economic value added (EVA)141.98129.7425.3646.8226.85
Solvency
Equity ratio20.0 %46.4 %55.0 %63.8 %67.7 %
Gearing359.5 %114.9 %71.5 %51.7 %47.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.40.20.81.3
Current ratio0.10.40.20.81.3
Cash and cash equivalents16.02626.301 068.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:16.4%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.7%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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