MORTEN LASSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29391203
Akkerupvej 16, 5683 Haarby
tel: 64733211

Company information

Official name
MORTEN LASSEN HOLDING ApS
Established
2005
Company form
Private limited company
Industry

About MORTEN LASSEN HOLDING ApS

MORTEN LASSEN HOLDING ApS (CVR number: 29391203) is a company from ASSENS. The company recorded a gross profit of -30.2 kDKK in 2023. The operating profit was -30.2 kDKK, while net earnings were 2116.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good and Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN LASSEN HOLDING ApS's liquidity measured by quick ratio was 689.6 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- 103.42-33.81-29.07-47.14-30.19
EBIT- 103.42-33.81-29.07-47.14-30.19
Net earnings2 556.192 175.211 565.691 473.672 116.71
Shareholders equity total21 076.9423 141.5523 507.2424 680.9126 637.62
Balance sheet total (assets)21 967.0723 909.6924 275.3725 455.4926 657.22
Net debt719.44- 266.06-1 895.62-4 245.66-1 015.59
Profitability
EBIT-%
ROA11.8 %9.8 %7.7 %6.4 %8.7 %
ROE12.9 %9.8 %6.7 %6.1 %8.2 %
ROI11.8 %9.8 %7.7 %6.4 %8.7 %
Economic value added (EVA)0.32- 780.30- 769.60- 745.95- 682.11
Solvency
Equity ratio95.9 %96.8 %96.8 %97.0 %99.9 %
Gearing4.2 %3.3 %3.2 %3.1 %
Relative net indebtedness %
Liquidity
Quick ratio8.810.111.313.3689.6
Current ratio8.810.111.313.3689.6
Cash and cash equivalents162.501 024.632 654.185 010.681 015.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:8.67%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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