MORTEN ANDERSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26026547
Podeledsvej 2, Venning 8920 Randers NV

Company information

Official name
MORTEN ANDERSEN HOLDING ApS
Established
2001
Domicile
Venning
Company form
Private limited company
Industry

About MORTEN ANDERSEN HOLDING ApS

MORTEN ANDERSEN HOLDING ApS (CVR number: 26026547) is a company from RANDERS. The company recorded a gross profit of 282.7 kDKK in 2024. The operating profit was 175.8 kDKK, while net earnings were 411.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN ANDERSEN HOLDING ApS's liquidity measured by quick ratio was 68.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit206.36321.82259.58310.66282.69
EBIT99.48214.94152.70203.78175.81
Net earnings822.67793.07746.21798.66411.82
Shareholders equity total8 854.969 426.539 948.7410 516.5110 689.33
Balance sheet total (assets)9 549.809 860.1810 307.1210 923.2511 121.22
Net debt-3 228.70-3 812.44-3 364.45-4 023.71-4 983.98
Profitability
EBIT-%
ROA9.1 %9.8 %11.2 %8.7 %5.2 %
ROE9.6 %8.7 %7.7 %7.8 %3.9 %
ROI9.2 %9.9 %11.3 %8.8 %5.3 %
Economic value added (EVA)- 408.03- 308.58- 368.17- 355.18- 406.11
Solvency
Equity ratio92.7 %95.6 %96.5 %96.3 %96.1 %
Gearing4.1 %
Relative net indebtedness %
Liquidity
Quick ratio8.843.196.369.768.1
Current ratio8.843.196.369.768.1
Cash and cash equivalents3 590.393 812.443 364.454 023.714 983.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.24%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.1%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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