KURT MOGENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 25820932
Nordgade 22, 8920 Randers NV

Company information

Official name
KURT MOGENSEN HOLDING ApS
Personnel
1 person
Established
2001
Company form
Private limited company
Industry

About KURT MOGENSEN HOLDING ApS

KURT MOGENSEN HOLDING ApS (CVR number: 25820932) is a company from RANDERS. The company recorded a gross profit of 1086.4 kDKK in 2023. The operating profit was 621.3 kDKK, while net earnings were 1054.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.4 %, which can be considered good and Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KURT MOGENSEN HOLDING ApS's liquidity measured by quick ratio was 18.2 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 profit922.841 552.99873.82786.581 086.38
EBIT822.651 420.69659.93427.32621.28
Net earnings1 723.431 516.081 442.00174.781 054.65
Shareholders equity total6 415.807 821.289 150.289 210.669 765.31
Balance sheet total (assets)6 772.128 811.509 365.879 377.0010 216.30
Net debt-5 409.16-4 123.76-5 633.86-5 779.71-6 992.53
Profitability
EBIT-%
ROA34.3 %23.7 %19.0 %12.2 %13.4 %
ROE30.7 %21.3 %17.0 %1.9 %11.1 %
ROI35.7 %25.3 %19.9 %12.5 %13.9 %
Economic value added (EVA)599.971 100.77373.46179.92324.48
Solvency
Equity ratio94.7 %88.8 %97.7 %98.2 %95.6 %
Gearing0.9 %4.0 %
Relative net indebtedness %
Liquidity
Quick ratio16.06.230.346.018.2
Current ratio16.06.230.346.018.2
Cash and cash equivalents5 469.264 434.605 633.865 779.716 992.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:13.4%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.6%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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