MONTES A/S — Credit Rating and Financial Key Figures

CVR number: 17369881
Hedevej 1, Hjørring 9800 Hjørring
tel: 98902685

Company information

Official name
MONTES A/S
Personnel
25 persons
Established
1993
Domicile
Hjørring
Company form
Limited company
Industry

About MONTES A/S

MONTES A/S (CVR number: 17369881) is a company from HJØRRING. The company recorded a gross profit of 16.7 mDKK in 2023. The operating profit was 2470.7 kDKK, while net earnings were 1919.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22 %, which can be considered excellent and Return on Equity (ROE) was 33 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.7 %, 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. MONTES A/S's liquidity measured by quick ratio was 1.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit11 456.6611 744.3915 376.1517 724.1016 735.78
EBIT1 693.171 095.712 910.254 156.012 470.70
Net earnings1 310.36837.322 294.663 240.761 919.52
Shareholders equity total3 475.433 312.754 607.425 848.185 767.70
Balance sheet total (assets)6 937.319 957.199 466.7111 479.2211 158.72
Net debt-1 523.76-1 218.78-31.12-2 205.99-2 077.60
Profitability
EBIT-%
ROA26.1 %13.1 %30.0 %39.8 %22.0 %
ROE39.5 %24.7 %57.9 %62.0 %33.0 %
ROI50.4 %31.7 %71.1 %77.9 %42.2 %
Economic value added (EVA)1 166.88753.032 211.873 029.001 740.11
Solvency
Equity ratio50.1 %33.3 %48.7 %50.9 %51.7 %
Gearing0.7 %1.1 %2.4 %1.4 %1.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.40.81.01.31.5
Current ratio1.40.81.11.41.6
Cash and cash equivalents1 549.041 255.69140.422 288.832 152.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:22.0%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.7%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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