MORTEN HESSELBERG ApS — Credit Rating and Financial Key Figures

CVR number: 32766609
Søhøj Park 9, 3650 Ølstykke

Credit rating

Company information

Official name
MORTEN HESSELBERG ApS
Personnel
8 persons
Established
2010
Company form
Private limited company
Industry

About MORTEN HESSELBERG ApS

MORTEN HESSELBERG ApS (CVR number: 32766609) is a company from EGEDAL. The company recorded a gross profit of 1504.9 kDKK in 2023. The operating profit was 77.5 kDKK, while net earnings were 68.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 59.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MORTEN HESSELBERG ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit1 017.111 039.711 185.282 627.511 504.87
EBIT-27.732.24-82.531 350.6277.52
Net earnings-38.41-5.70-87.431 063.6768.41
Shareholders equity total581.78576.08488.651 552.331 502.93
Balance sheet total (assets)1 573.671 741.071 958.142 736.042 514.06
Net debt- 245.75- 146.07- 353.7452.8052.37
Profitability
EBIT-%
ROA-2.0 %0.1 %-4.5 %57.5 %3.8 %
ROE-6.4 %-1.0 %-16.4 %104.2 %4.5 %
ROI-3.8 %0.3 %-12.6 %106.2 %5.4 %
Economic value added (EVA)-55.10-8.35-98.041 083.51-12.73
Solvency
Equity ratio37.0 %33.1 %25.0 %56.7 %59.8 %
Gearing21.5 %21.1 %25.4 %23.3 %16.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.30.40.80.6
Current ratio1.31.21.12.52.2
Cash and cash equivalents371.04267.54477.99308.22189.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.79%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.8%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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