Jens Lundgaard Morell Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37217980
Skovparken 18, 2680 Solrød Strand
kontakt@lundgaard-ts.dk
tel: 46150555

Company information

Official name
Jens Lundgaard Morell Holding ApS
Established
2015
Company form
Private limited company
Industry

About Jens Lundgaard Morell Holding ApS

Jens Lundgaard Morell Holding ApS (CVR number: 37217980) is a company from SOLRØD. The company reported a net sales of 2.9 mDKK in 2023, demonstrating a growth of 34.8 % compared to the previous year. The operating profit percentage was at 89.5 % (EBIT: 2.6 mDKK), while net earnings were 3947 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.2 %, which can be considered excellent and Return on Equity (ROE) was 16.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Jens Lundgaard Morell Holding ApS's liquidity measured by quick ratio was 9.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales3 548.535 425.782 150.912 899.52
Gross profit-12.523 508.145 350.142 072.382 815.22
EBIT- 232.513 288.145 130.141 852.382 595.22
Net earnings225.943 669.406 563.371 102.953 947.05
Shareholders equity total11 282.4114 841.2121 291.5922 194.5425 541.59
Balance sheet total (assets)11 947.0315 267.9023 959.3324 190.8827 533.61
Net debt-4 789.38-7 013.52-9 743.67-8 018.09-11 360.48
Profitability
EBIT-%92.7 %94.6 %86.1 %89.5 %
ROA2.6 %27.4 %35.0 %14.5 %16.2 %
ROE2.2 %28.1 %36.3 %5.1 %16.5 %
ROI2.8 %28.1 %36.1 %14.8 %16.5 %
Economic value added (EVA)21.983 444.625 080.281 644.442 629.18
Solvency
Equity ratio94.4 %97.2 %88.9 %91.7 %92.8 %
Gearing0.5 %7.0 %8.7 %4.7 %
Relative net indebtedness %-191.9 %-159.8 %-372.0 %-365.1 %
Liquidity
Quick ratio11.126.05.58.49.4
Current ratio11.126.05.58.49.4
Cash and cash equivalents4 789.387 083.2011 232.529 941.1612 569.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %8.0 %13.7 %208.4 %189.7 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:16.2%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.8%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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