MORTEN MORTENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27637663
Egevej 14, 6950 Ringkøbing
Free credit report Annual report

Credit rating

Company information

Official name
MORTEN MORTENSEN HOLDING ApS
Personnel
1 person
Established
2004
Company form
Private limited company
Industry

About MORTEN MORTENSEN HOLDING ApS

MORTEN MORTENSEN HOLDING ApS (CVR number: 27637663) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -74.8 kDKK in 2024. The operating profit was -74.8 kDKK, while net earnings were -881.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -14.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -3.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MORTEN MORTENSEN HOLDING 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-67.20-94.30-64.76-64.16-74.83
EBIT- 552.14- 336.57- 244.09-64.46-74.83
Net earnings4 362.25-7 008.16-1 238.89-1 530.50- 881.71
Shareholders equity total10 207.893 143.231 904.34426.39- 455.32
Balance sheet total (assets)19 055.6712 665.7313 790.3211 436.5011 542.79
Net debt-7 645.032 739.454 747.103 421.294 349.86
Profitability
EBIT-%
ROA30.1 %2.9 %-1.2 %1.5 %0.9 %
ROE54.2 %-105.0 %-49.1 %-131.3 %-14.7 %
ROI32.9 %3.2 %-1.3 %1.5 %1.0 %
Economic value added (EVA)-1 419.89-1 190.88- 825.55- 718.41- 616.47
Solvency
Equity ratio53.6 %24.8 %13.8 %3.7 %-3.8 %
Gearing66.4 %280.0 %583.3 %2427.0 %-2435.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.70.70.60.70.6
Current ratio1.70.70.60.70.6
Cash and cash equivalents14 426.546 061.116 360.526 927.336 738.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:0.94%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-3.79%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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