Morten Rask Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40535292
Parallelvej 14, Havbro 9600 Aars

Credit rating

Company information

Official name
Morten Rask Holding ApS
Established
2019
Domicile
Havbro
Company form
Private limited company
Industry

About Morten Rask Holding ApS

Morten Rask Holding ApS (CVR number: 40535292) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -6 kDKK in 2024. The operating profit was -6 kDKK, while net earnings were -14 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -2.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.8 %, 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 0.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-4.11-4.23-6.73-9.50-6.00
EBIT-4.11-4.23-6.73-9.50-6.00
Net earnings49.39251.05190.80126.83-14.03
Shareholders equity total76.26327.30460.91528.84453.80
Balance sheet total (assets)301.80334.55513.28849.22679.81
Net debt222.14-33.35- 210.84- 138.0869.96
Profitability
EBIT-%
ROA25.0 %80.6 %45.7 %19.9 %0.2 %
ROE95.8 %124.4 %48.4 %25.6 %-2.9 %
ROI25.3 %81.9 %49.2 %27.3 %0.3 %
Economic value added (EVA)-5.46-8.06-21.51-22.070.46
Solvency
Equity ratio25.3 %97.8 %89.8 %62.3 %66.8 %
Gearing291.3 %15.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.04.84.11.00.7
Current ratio0.04.84.11.00.7
Cash and cash equivalents33.35210.84138.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:0.22%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.8%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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