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MORTEN OLSEN KERTEMINDE HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MORTEN OLSEN KERTEMINDE HOLDING ApS
MORTEN OLSEN KERTEMINDE HOLDING ApS (CVR number: 28478909) is a company from KERTEMINDE. The company recorded a gross profit of 800.7 kDKK in 2025. The operating profit was -465 kDKK, while net earnings were 30.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent and Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 72 %, 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 OLSEN KERTEMINDE HOLDING ApS's liquidity measured by quick ratio was 1.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 795.00 | 787.00 | 799.00 | 803.00 | 800.71 |
| EBIT | - 149.00 | - 482.00 | - 178.00 | - 388.00 | - 465.03 |
| Net earnings | 705.00 | - 227.00 | 128.00 | 137.00 | 30.64 |
| Shareholders equity total | 949.00 | 607.00 | 617.00 | 632.00 | 527.62 |
| Balance sheet total (assets) | 1 337.00 | 896.00 | 845.00 | 829.00 | 732.36 |
| Net debt | - 379.00 | - 371.00 | - 314.00 | - 213.00 | - 129.00 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 86.7 % | -6.0 % | 19.5 % | 21.7 % | 5.8 % |
| ROE | 108.0 % | -29.2 % | 20.9 % | 21.9 % | 5.3 % |
| ROI | 132.3 % | -8.2 % | 26.4 % | 26.2 % | 6.7 % |
| Economic value added (EVA) | - 134.27 | - 435.11 | - 169.98 | - 335.74 | - 395.80 |
| Solvency | |||||
| Equity ratio | 71.0 % | 67.7 % | 73.0 % | 76.2 % | 72.0 % |
| Gearing | 7.4 % | 1.8 % | 8.8 % | 12.3 % | 16.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.4 | 1.6 | 1.8 | 1.6 | 1.2 |
| Current ratio | 2.4 | 1.6 | 1.8 | 1.6 | 1.2 |
| Cash and cash equivalents | 449.00 | 382.00 | 368.00 | 291.00 | 215.76 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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