MORTEN THAMS HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 25958071
Vestervadvej 30, 6715 Esbjerg N

Company information

Official name
MORTEN THAMS HOLDING ApS
Established
2001
Company form
Private limited company
Industry

About MORTEN THAMS HOLDING ApS

MORTEN THAMS HOLDING ApS (CVR number: 25958071) is a company from ESBJERG. The company recorded a gross profit of -51.5 kDKK in 2023. The operating profit was -51.5 kDKK, while net earnings were 5967.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good and Return on Equity (ROE) was 12.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN THAMS HOLDING ApS's liquidity measured by quick ratio was 1586.5 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 profit-21.40-25.32-19.04-60.15-51.49
EBIT-21.40-25.32-19.04-60.15-51.49
Net earnings1 696.484 802.364 268.185 445.645 967.29
Shareholders equity total26 480.4531 172.2235 327.4046 257.3552 106.84
Balance sheet total (assets)26 489.9631 181.7235 457.1846 605.7752 127.35
Net debt-10 587.10-12 778.73-14 494.27-10 192.92-10 980.95
Profitability
EBIT-%
ROA8.5 %19.1 %13.5 %14.7 %12.9 %
ROE6.6 %16.7 %12.8 %13.3 %12.1 %
ROI8.5 %19.1 %13.5 %14.8 %13.0 %
Economic value added (EVA)-90.84- 147.70- 218.25- 347.94- 605.23
Solvency
Equity ratio100.0 %100.0 %99.6 %99.3 %100.0 %
Gearing0.0 %0.0 %0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1 812.82 269.7190.0533.91 586.5
Current ratio1 812.82 269.7190.0533.91 586.5
Cash and cash equivalents10 587.6112 779.2314 494.7710 193.4210 981.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:12.9%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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