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MORTEN HESSELBERG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MORTEN HESSELBERG ApS
MORTEN HESSELBERG ApS (CVR number: 32766609) is a company from EGEDAL. The company recorded a gross profit of 1209.8 kDKK in 2024. The operating profit was -193.6 kDKK, while net earnings were -154.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.6 %, which can be considered poor and Return on Equity (ROE) was -11.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.2 %, 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 039.71 | 1 185.28 | 2 627.51 | 1 466.13 | 1 209.81 |
| EBIT | 2.24 | -82.53 | 1 350.62 | 77.52 | - 193.56 |
| Net earnings | -5.70 | -87.43 | 1 063.67 | 68.41 | - 154.43 |
| Shareholders equity total | 576.08 | 488.65 | 1 552.33 | 1 502.93 | 1 226.50 |
| Balance sheet total (assets) | 1 741.07 | 1 958.14 | 2 736.04 | 2 514.06 | 2 397.57 |
| Net debt | - 146.07 | - 353.74 | 52.80 | 52.36 | -35.27 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 0.1 % | -4.5 % | 57.5 % | 3.8 % | -7.6 % |
| ROE | -1.0 % | -16.4 % | 104.2 % | 4.5 % | -11.3 % |
| ROI | 0.3 % | -12.6 % | 106.2 % | 5.4 % | -11.5 % |
| Economic value added (EVA) | -33.29 | - 117.59 | 1 053.25 | -37.09 | - 243.39 |
| Solvency | |||||
| Equity ratio | 33.1 % | 25.0 % | 56.7 % | 59.8 % | 51.2 % |
| Gearing | 21.1 % | 25.4 % | 23.3 % | 16.1 % | 18.5 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.3 | 0.4 | 0.8 | 0.6 | 0.6 |
| Current ratio | 1.2 | 1.1 | 2.5 | 2.2 | 1.6 |
| Cash and cash equivalents | 267.54 | 477.99 | 308.22 | 189.65 | 262.64 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | B | B | B | BB |
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