MORTEN HESTBÆK HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 14345493
Kimsvej 4, 7500 Holstebro
tel: 97432326
Free credit report Annual report

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 2024. The operating profit was -22.6 kDKK, while net earnings were -956.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was -134.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 17.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MORTEN HESTBÆK HOLDING ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit
EBIT-29.27-14.71-15.78-26.34-22.56
Net earnings98.8680.91222.58541.15- 956.94
Shareholders equity total739.24707.15815.331 246.49179.55
Balance sheet total (assets)770.25917.511 220.321 950.021 014.28
Net debt-1 146.42-1 557.62-1 928.52-1 500.53- 195.64
Profitability
EBIT-%
ROA13.0 %11.6 %22.4 %40.6 %3.6 %
ROE13.3 %11.2 %29.2 %52.5 %-134.2 %
ROI13.2 %11.8 %22.7 %45.0 %-1.6 %
Economic value added (EVA)-67.01-52.71-61.12-83.90- 105.92
Solvency
Equity ratio96.0 %77.1 %66.8 %63.9 %17.7 %
Gearing2.3 %27.6 %47.8 %33.1 %450.9 %
Relative net indebtedness %
Liquidity
Quick ratio24.84.22.92.71.2
Current ratio24.84.22.92.71.2
Cash and cash equivalents1 163.311 752.862 317.901 912.851 005.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:3.57%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.7%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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