MORTEN BO HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28867751
Mandal Alle 18, 5500 Middelfart

Company information

Official name
MORTEN BO HOLDING ApS
Established
2005
Company form
Private limited company
Industry

About MORTEN BO HOLDING ApS

MORTEN BO HOLDING ApS (CVR number: 28867751) is a company from MIDDELFART. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a decline of -54.4 % compared to the previous year. The operating profit percentage was at 97.6 % (EBIT: 0.5 mDKK), while net earnings were 529.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good and Return on Equity (ROE) was 10.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 88 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN BO HOLDING ApS's liquidity measured by quick ratio was 2.6 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 sales452.001 016.96464.22
Gross profit-10.18-9.38441.891 000.85453.28
EBIT-10.18-9.38441.891 000.85453.28
Net earnings267.22328.96483.381 026.17529.64
Shareholders equity total2 247.023 697.024 067.414 979.185 391.02
Balance sheet total (assets)2 901.664 365.844 754.895 692.016 129.44
Net debt-9.20- 228.77-94.77- 107.73- 390.67
Profitability
EBIT-%97.8 %98.4 %97.6 %
ROA10.5 %9.7 %11.4 %20.3 %10.1 %
ROE12.3 %11.1 %12.5 %22.7 %10.2 %
ROI13.4 %11.9 %13.3 %23.4 %11.5 %
Economic value added (EVA)- 113.16- 120.20248.08793.77187.78
Solvency
Equity ratio77.4 %84.7 %85.5 %87.5 %88.0 %
Gearing
Relative net indebtedness %131.1 %59.5 %74.9 %
Liquidity
Quick ratio1.82.22.12.12.6
Current ratio1.82.22.12.12.6
Cash and cash equivalents9.20228.7794.77107.73390.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %162.0 %76.4 %253.0 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:10.1%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.0%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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