Morten Krogh Holding ApS — Credit Rating and Financial Key Figures

CVR number: 41060948
Gl. Hadsundvej 15, 8900 Randers C

Credit rating

Company information

Official name
Morten Krogh Holding ApS
Established
2019
Company form
Private limited company
Industry

About Morten Krogh Holding ApS

Morten Krogh Holding ApS (CVR number: 41060948) is a company from RANDERS. The company recorded a gross profit of 42.3 kDKK in 2024. The operating profit was 18.6 kDKK, while net earnings were 6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.8 %, which can be considered good and Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 2.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Morten Krogh Holding ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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-10.67-5.38-6.00-9.0042.32
EBIT-10.67-5.38-6.00-9.0018.56
Net earnings-11.7428.4381.00127.005.96
Shareholders equity total28.2656.6938.0047.0053.22
Balance sheet total (assets)33.2661.6943.0052.002 149.12
Net debt-13.26-41.69-23.00-32.002 026.90
Profitability
EBIT-%
ROA-32.1 %62.4 %170.0 %267.4 %13.8 %
ROE-41.5 %66.9 %171.1 %298.8 %11.9 %
ROI-37.8 %69.7 %188.0 %298.8 %10.0 %
Economic value added (EVA)-10.67-6.80-8.85-10.9116.19
Solvency
Equity ratio85.0 %91.9 %88.4 %90.4 %2.5 %
Gearing3827.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.78.34.66.40.1
Current ratio2.78.34.66.40.1
Cash and cash equivalents13.2641.6923.0032.0010.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:13.8%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.54%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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