MORTEN UBBESEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 36198028
Topshavevej 13, 4872 Idestrup

Credit rating

Company information

Official name
MORTEN UBBESEN HOLDING ApS
Established
2014
Company form
Private limited company
Industry

About MORTEN UBBESEN HOLDING ApS

MORTEN UBBESEN HOLDING ApS (CVR number: 36198028) is a company from GULDBORGSUND. The company recorded a gross profit of 86.2 kDKK in 2023. The operating profit was 57.8 kDKK, while net earnings were 194.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good but Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 62.7 %, 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 UBBESEN HOLDING ApS's liquidity measured by quick ratio was 5 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-8.19-23.19-13.22-24.7986.19
EBIT-8.19-23.19-13.22-24.7957.76
Net earnings207.74- 296.35598.10260.41194.75
Shareholders equity total2 465.411 984.062 582.162 785.372 921.22
Balance sheet total (assets)2 465.461 993.382 625.622 838.644 657.80
Net debt- 263.91- 444.98-1 156.84- 950.82888.85
Profitability
EBIT-%
ROA12.0 %-13.0 %27.6 %17.8 %8.5 %
ROE8.8 %-13.3 %26.2 %9.7 %6.8 %
ROI12.0 %-13.0 %28.0 %18.1 %8.8 %
Economic value added (EVA)75.7874.58-57.82-16.3220.08
Solvency
Equity ratio100.0 %99.5 %98.3 %98.1 %62.7 %
Gearing52.2 %
Relative net indebtedness %
Liquidity
Quick ratio8 610.0179.442.826.65.0
Current ratio8 610.0179.442.826.65.0
Cash and cash equivalents263.91444.981 156.84950.82635.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:8.46%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.7%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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