Morten Holst Aaen Holding A/S — Credit Rating and Financial Key Figures

CVR number: 39712148
Paludan-Müllers Vej 84, 8200 Aarhus N
info@laros.dk
tel: 87309741

Company information

Official name
Morten Holst Aaen Holding A/S
Established
2018
Company form
Limited company
Industry

About Morten Holst Aaen Holding A/S

Morten Holst Aaen Holding A/S (CVR number: 39712148) is a company from AARHUS. The company recorded a gross profit of -35.9 kDKK in 2024. The operating profit was -35.9 kDKK, while net earnings were 1350.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 61.5 %, 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 Holst Aaen Holding A/S's liquidity measured by quick ratio was 0 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-11.38-13.18-17.66-29.79-35.94
EBIT-11.38-13.18-17.66-29.79-35.94
Net earnings4 940.944 777.893 633.901 349.381 350.60
Shareholders equity total8 324.6212 145.4414 879.3415 428.7215 779.32
Balance sheet total (assets)14 014.2817 674.6420 084.4421 583.0325 647.80
Net debt5 281.684 945.304 933.895 718.409 143.34
Profitability
EBIT-%
ROA45.3 %31.8 %20.5 %7.5 %7.1 %
ROE82.3 %46.7 %26.9 %8.9 %8.7 %
ROI46.7 %32.6 %20.9 %7.6 %7.3 %
Economic value added (EVA)- 424.28- 694.29- 884.12-1 019.44-1 093.80
Solvency
Equity ratio59.4 %68.7 %74.1 %71.5 %61.5 %
Gearing63.4 %42.5 %33.2 %37.4 %58.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.80.00.00.0
Current ratio0.80.80.00.00.0
Cash and cash equivalents222.421.9444.8812.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:7.12%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.5%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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