MORTEN HESTBÆK HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 14345493
Kimsvej 4, 7500 Holstebro
tel: 97432326

Company information

Official name
MORTEN HESTBÆK HOLDING ApS
Established
1990
Company form
Private limited company
Industry

About MORTEN HESTBÆK HOLDING ApS

MORTEN HESTBÆK HOLDING ApS (CVR number: 14345493) is a company from HOLSTEBRO. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -26.3 kDKK, while net earnings were 541.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.6 %, which can be considered excellent and Return on Equity (ROE) was 52.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.9 %, 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 HESTBÆK HOLDING ApS's liquidity measured by quick ratio was 2.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit
EBIT-13.89-29.27-14.71-15.78-26.34
Net earnings-1 289.5798.8680.91222.58541.15
Shareholders equity total750.98739.24707.15815.331 246.49
Balance sheet total (assets)764.59770.25917.511 220.321 950.02
Net debt-1 397.24-1 146.42-1 557.62-1 928.52-3 413.38
Profitability
EBIT-%
ROA17.3 %13.0 %11.6 %22.4 %40.6 %
ROE-89.0 %13.3 %11.2 %29.2 %52.5 %
ROI-18.1 %13.2 %11.8 %22.7 %45.0 %
Economic value added (EVA)39.533.206.6038.6153.99
Solvency
Equity ratio98.2 %96.0 %77.1 %66.8 %63.9 %
Gearing2.3 %27.6 %47.8 %33.1 %
Relative net indebtedness %
Liquidity
Quick ratio56.224.84.22.92.7
Current ratio56.224.84.22.92.7
Cash and cash equivalents1 397.241 163.311 752.862 317.903 825.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:40.6%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.9%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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