Morten HC ApS — Credit Rating and Financial Key Figures

CVR number: 43076752
Kirstens Bakke 3, Sennels 7700 Thisted
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Company information

Official name
Morten HC ApS
Personnel
8 persons
Established
2022
Domicile
Sennels
Company form
Private limited company
Industry

About Morten HC ApS

Morten HC ApS (CVR number: 43076752) is a company from THISTED. The company recorded a gross profit of 178.7 kDKK in 2024. The operating profit was 27.6 kDKK, while net earnings were 1.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -66.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Morten HC ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit-45.02- 309.25178.74
EBIT-45.02- 414.0427.56
Net earnings-38.48- 327.481.21
Shareholders equity total1.52- 325.96- 324.75
Balance sheet total (assets)92.25159.24161.05
Net debt-23.36-17.66-12.50
Profitability
EBIT-%
ROA-48.8 %-143.4 %5.7 %
ROE-2536.8 %-407.4 %0.8 %
ROI-2967.4 %-54586.3 %
Economic value added (EVA)-35.25- 324.1543.94
Solvency
Equity ratio1.6 %-67.2 %-66.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.00.20.2
Current ratio1.00.20.2
Cash and cash equivalents23.3617.6612.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBCB

Variable visualization

ROA:5.70%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-66.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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