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Morten Rask Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Morten Rask Holding ApS
Morten Rask Holding ApS (CVR number: 40535292) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -11.1 kDKK in 2025. The operating profit was -11.1 kDKK, while net earnings were 289.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.3 %, which can be considered excellent and Return on Equity (ROE) was 51.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Morten Rask Holding ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -4.23 | -6.73 | -9.50 | -6.00 | -11.11 |
| EBIT | -4.23 | -6.73 | -9.50 | -6.00 | -11.11 |
| Net earnings | 251.05 | 190.80 | 126.83 | -14.03 | 289.07 |
| Shareholders equity total | 327.30 | 460.91 | 528.84 | 453.80 | 675.38 |
| Balance sheet total (assets) | 334.55 | 513.28 | 849.22 | 679.81 | 895.92 |
| Net debt | -33.35 | - 210.84 | - 138.08 | 69.96 | -7.27 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 80.6 % | 45.7 % | 19.9 % | 0.2 % | 38.3 % |
| ROE | 124.4 % | 48.4 % | 25.6 % | -2.9 % | 51.2 % |
| ROI | 81.9 % | 49.2 % | 27.3 % | 0.3 % | 50.3 % |
| Economic value added (EVA) | -19.22 | -23.18 | -32.66 | -32.57 | -37.43 |
| Solvency | |||||
| Equity ratio | 97.8 % | 89.8 % | 62.3 % | 66.8 % | 75.4 % |
| Gearing | 15.4 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 4.8 | 4.1 | 1.0 | 0.7 | 1.7 |
| Current ratio | 4.8 | 4.1 | 1.0 | 0.7 | 1.7 |
| Cash and cash equivalents | 33.35 | 210.84 | 138.08 | 7.27 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | BBB | BBB | BBB |
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