MORTEN HYTTING HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MORTEN HYTTING HOLDING ApS
MORTEN HYTTING HOLDING ApS (CVR number: 36073403) is a company from AARHUS. The company recorded a gross profit of -0.1 kDKK in 2023. The operating profit was -0.1 kDKK, while net earnings were 152.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.4 %, which can be considered poor but Return on Equity (ROE) was 31.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MORTEN HYTTING HOLDING ApS's liquidity measured by quick ratio was 2.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -39.94 | -9.95 | -3.88 | -10.16 | -0.14 |
EBIT | -39.94 | -9.95 | -3.88 | -10.16 | -0.14 |
Net earnings | - 461.05 | - 369.07 | - 339.62 | - 146.00 | 152.79 |
Shareholders equity total | 994.49 | 625.42 | 560.80 | 414.80 | 567.59 |
Balance sheet total (assets) | 1 073.86 | 704.79 | 647.30 | 545.55 | 1 005.33 |
Net debt | 71.44 | 72.58 | 85.96 | 72.59 | 6.95 |
Profitability | |||||
EBIT-% | |||||
ROA | -34.4 % | -41.5 % | -49.2 % | -24.5 % | -13.4 % |
ROE | -36.8 % | -45.6 % | -57.3 % | -29.9 % | 31.1 % |
ROI | -34.6 % | -41.8 % | -49.4 % | -25.7 % | -19.6 % |
Economic value added (EVA) | -36.10 | -54.15 | -28.50 | -34.80 | -15.73 |
Solvency | |||||
Equity ratio | 92.6 % | 88.7 % | 88.7 % | 76.0 % | 56.5 % |
Gearing | 7.4 % | 11.7 % | 15.4 % | 17.6 % | 1.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 12.1 | 7.2 | 6.7 | 3.4 | 2.3 |
Current ratio | 12.1 | 7.2 | 6.7 | 3.4 | 2.3 |
Cash and cash equivalents | 1.68 | 0.54 | 0.53 | 0.53 | 0.53 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
Variable visualization
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