Morten Bo Larsen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 39272598
Søvænget 6, Hundelev 9480 Løkken
Mortenbo@live.dk
tel: 22765253

Company information

Official name
Morten Bo Larsen Holding ApS
Established
2017
Domicile
Hundelev
Company form
Private limited company
Industry

About Morten Bo Larsen Holding ApS

Morten Bo Larsen Holding ApS (CVR number: 39272598) is a company from HJØRRING. The company recorded a gross profit of 8.2 kDKK in 2023. The operating profit was 8.2 kDKK, while net earnings were 874.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.1 %, which can be considered excellent and Return on Equity (ROE) was 28.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Morten Bo Larsen Holding ApS's liquidity measured by quick ratio was 1.9 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 sales93.70
Gross profit93.70-4.078.25
EBIT90.71-5.59-5.11-4.078.25
Net earnings90.71310.73575.93702.44874.48
Shareholders equity total1 417.901 620.642 083.562 671.603 428.28
Balance sheet total (assets)1 427.901 655.042 123.532 689.603 550.58
Net debt- 489.51- 684.37-1 169.10- 224.50- 233.19
Profitability
EBIT-%96.8 %
ROA6.3 %21.6 %31.8 %31.7 %32.1 %
ROE6.4 %20.5 %31.1 %29.5 %28.7 %
ROI6.4 %21.9 %32.5 %32.1 %32.8 %
Economic value added (EVA)105.114.697.8713.10-88.03
Solvency
Equity ratio99.3 %97.9 %98.1 %99.3 %96.6 %
Gearing0.1 %
Relative net indebtedness %-511.8 %
Liquidity
Quick ratio49.019.929.314.91.9
Current ratio49.019.929.314.91.9
Cash and cash equivalents489.51684.371 169.10224.50236.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %511.8 %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:32.1%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.6%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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