MORTENSEN HOLDING, HØRSHOLM ApS — Credit Rating and Financial Key Figures

CVR number: 26994977
Otto Brandenburgs Vej 2, 2450 København SV

Company information

Official name
MORTENSEN HOLDING, HØRSHOLM ApS
Established
2004
Company form
Private limited company
Industry

About MORTENSEN HOLDING, HØRSHOLM ApS

MORTENSEN HOLDING, HØRSHOLM ApS (CVR number: 26994977) is a company from KØBENHAVN. The company reported a net sales of -0 mDKK in 2023, demonstrating a decline of -116.1 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.1 mDKK), while net earnings were 268.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTENSEN HOLDING, HØRSHOLM ApS's liquidity measured by quick ratio was 10.4 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 sales255.9150.0010 741.5698.74-15.88
Gross profit224.831 851.1910 705.8672.57-51.78
EBIT224.831 851.1910 705.8672.57-51.78
Net earnings253.091 867.2711 253.96-2 361.66268.87
Shareholders equity total2 157.093 549.3612 063.329 401.658 660.52
Balance sheet total (assets)2 220.333 612.1812 126.139 464.828 780.83
Net debt-1 005.29- 726.89- 356.26-1 849.61- 966.81
Profitability
EBIT-%87.9 %3702.4 %99.7 %73.5 %
ROA11.5 %126.2 %143.3 %-2.6 %2.9 %
ROE11.9 %65.4 %144.2 %-22.0 %3.0 %
ROI11.6 %126.8 %143.6 %-2.6 %3.0 %
Economic value added (EVA)286.542 189.1410 814.83- 611.33- 426.02
Solvency
Equity ratio97.2 %98.3 %99.5 %99.3 %98.6 %
Gearing2.2 %1.3 %0.4 %0.5 %0.4 %
Relative net indebtedness %-386.8 %-1423.8 %-3.2 %-1858.1 %5551.7 %
Liquidity
Quick ratio17.715.89.334.510.4
Current ratio17.715.89.334.510.4
Cash and cash equivalents1 053.11774.71404.081 897.781 001.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %329.2 %1435.6 %4.9 %2141.5 %-7087.5 %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:2.95%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.6%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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