MORTEN HESTBÆK HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | -13.89 | -29.27 | -14.71 | -15.78 | -26.34 |
Net earnings | -1 289.57 | 98.86 | 80.91 | 222.58 | 541.15 |
Shareholders equity total | 750.98 | 739.24 | 707.15 | 815.33 | 1 246.49 |
Balance sheet total (assets) | 764.59 | 770.25 | 917.51 | 1 220.32 | 1 950.02 |
Net debt | -1 397.24 | -1 146.42 | -1 557.62 | -1 928.52 | -3 413.38 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.3 % | 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) | 39.53 | 3.20 | 6.60 | 38.61 | 53.99 |
Solvency | |||||
Equity ratio | 98.2 % | 96.0 % | 77.1 % | 66.8 % | 63.9 % |
Gearing | 2.3 % | 27.6 % | 47.8 % | 33.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 56.2 | 24.8 | 4.2 | 2.9 | 2.7 |
Current ratio | 56.2 | 24.8 | 4.2 | 2.9 | 2.7 |
Cash and cash equivalents | 1 397.24 | 1 163.31 | 1 752.86 | 2 317.90 | 3 825.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
Variable visualization
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