MORTEN KJÆRGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26504848
Østre Alle 51 C, 3250 Gilleleje
mortenkjaergaard1972@gmail.com
tel: 41998100

Company information

Official name
MORTEN KJÆRGAARD HOLDING ApS
Established
2002
Company form
Private limited company
Industry

About MORTEN KJÆRGAARD HOLDING ApS

MORTEN KJÆRGAARD HOLDING ApS (CVR number: 26504848) is a company from GRIBSKOV. The company recorded a gross profit of 82.2 kDKK in 2024. The operating profit was -13.8 kDKK, while net earnings were 312.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN KJÆRGAARD HOLDING ApS's liquidity measured by quick ratio was 51.7 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 profit21.5248.99128.95-93.3082.20
EBIT- 211.84- 184.37-31.31- 189.26-13.76
Net earnings- 105.34- 561.9656.61- 292.72312.61
Shareholders equity total11 608.4910 990.0310 546.6410 195.0210 446.64
Balance sheet total (assets)12 703.5111 139.1210 667.0410 282.0110 576.16
Net debt-6 975.76-5 580.33-5 013.86-3 678.43-3 710.34
Profitability
EBIT-%
ROA-0.5 %-1.5 %0.6 %-0.6 %4.3 %
ROE-0.9 %-5.0 %0.5 %-2.8 %3.0 %
ROI-0.5 %-1.6 %0.6 %-0.6 %4.4 %
Economic value added (EVA)- 451.16- 417.16- 303.15- 467.28- 341.22
Solvency
Equity ratio91.4 %98.7 %98.9 %99.2 %98.8 %
Gearing8.0 %
Relative net indebtedness %
Liquidity
Quick ratio46.944.254.872.551.7
Current ratio46.944.254.872.551.7
Cash and cash equivalents7 901.875 580.335 013.863 678.433 710.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:4.31%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.8%
Rating: 81/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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