Morten Friis Holding II ApS — Credit Rating and Financial Key Figures

CVR number: 40345817
Egevej 24, 8783 Hornsyld

Company information

Official name
Morten Friis Holding II ApS
Established
2018
Company form
Private limited company
Industry

About Morten Friis Holding II ApS

Morten Friis Holding II ApS (CVR number: 40345817) is a company from HEDENSTED. The company recorded a gross profit of -31 kDKK in 2024. The operating profit was -31 kDKK, while net earnings were 38.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Morten Friis Holding II ApS's liquidity measured by quick ratio was 13.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-22.50-18.75-25.31-42.44-31.00
EBIT-22.50-18.75-25.31-42.44-31.00
Net earnings11.491 026.18- 892.91160.4438.33
Shareholders equity total6 614.897 512.696 489.816 516.426 416.15
Balance sheet total (assets)6 776.487 623.066 601.736 634.296 636.13
Net debt71.5267.7391.0077.36100.14
Profitability
EBIT-%
ROA0.3 %14.4 %-12.4 %2.5 %0.8 %
ROE0.2 %14.5 %-12.8 %2.5 %0.6 %
ROI0.3 %14.5 %-12.4 %2.5 %0.8 %
Economic value added (EVA)- 355.70- 357.41- 405.07- 370.34- 357.01
Solvency
Equity ratio97.6 %98.6 %98.3 %98.2 %96.7 %
Gearing2.3 %1.3 %1.5 %1.6 %1.7 %
Relative net indebtedness %
Liquidity
Quick ratio15.221.921.119.213.3
Current ratio15.221.921.119.213.3
Cash and cash equivalents78.3126.746.2929.6710.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:0.76%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.7%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

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