MORTEN VESTERGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32155383
Ølsemagle Kirkevej 73, 4600 Køge

Company information

Official name
MORTEN VESTERGAARD HOLDING ApS
Established
2009
Company form
Private limited company
Industry

About MORTEN VESTERGAARD HOLDING ApS

MORTEN VESTERGAARD HOLDING ApS (CVR number: 32155383) is a company from KØGE. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a decline of -70.8 % compared to the previous year. The operating profit percentage was at 92.3 % (EBIT: 0.6 mDKK), while net earnings were 986 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent and Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN VESTERGAARD HOLDING ApS's liquidity measured by quick ratio was 89 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales199.811 056.721 997.292 079.71607.15
Gross profit188.111 045.871 983.292 061.36560.62
EBIT188.111 045.871 983.292 061.36560.62
Net earnings180.941 117.152 052.492 244.51986.01
Shareholders equity total10 246.8311 173.1313 112.6115 331.3916 285.29
Balance sheet total (assets)11 917.8811 196.6313 147.8315 416.4216 424.14
Net debt-3 602.91-1 833.91-1 794.14-1 745.86-2 964.22
Profitability
EBIT-%94.1 %99.0 %99.3 %99.1 %92.3 %
ROA1.8 %9.8 %17.0 %16.1 %6.9 %
ROE1.8 %10.4 %16.9 %15.8 %6.2 %
ROI2.1 %10.6 %17.0 %16.1 %6.9 %
Economic value added (EVA)448.131 014.321 915.181 926.43454.51
Solvency
Equity ratio86.0 %99.8 %99.7 %99.4 %99.2 %
Gearing
Relative net indebtedness %-966.8 %-171.3 %-88.1 %-79.9 %-465.3 %
Liquidity
Quick ratio4.7262.9213.896.989.0
Current ratio4.7262.9213.896.989.0
Cash and cash equivalents3 602.911 833.911 794.141 745.862 964.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %3105.2 %582.4 %375.3 %392.3 %2012.9 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:6.88%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.2%
Rating: 87/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.