MORE THAN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 34057702
Stamholmen 93, 2650 Hvidovre
mark@morethanevent.dk
tel: 29723873
Free credit report Annual report

Company information

Official name
MORE THAN HOLDING ApS
Established
2011
Company form
Private limited company
Industry

About MORE THAN HOLDING ApS

MORE THAN HOLDING ApS (CVR number: 34057702) is a company from HVIDOVRE. The company recorded a gross profit of -10.5 kDKK in 2024. The operating profit was -10.5 kDKK, while net earnings were 615.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.8 %, which can be considered excellent and Return on Equity (ROE) was 38.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.1 %, 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. MORE THAN HOLDING ApS's liquidity measured by quick ratio was 0.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-19.55-15.20-15.00-10.02-10.50
EBIT-19.55-15.20-15.00-10.02-10.50
Net earnings- 758.78478.38353.35692.36615.87
Shareholders equity total142.38564.25917.601 606.951 624.46
Balance sheet total (assets)576.471 041.901 410.262 113.822 317.17
Net debt402.44155.70155.70160.75371.60
Profitability
EBIT-%
ROA-81.7 %59.1 %28.8 %39.5 %27.8 %
ROE-138.1 %135.4 %47.7 %54.8 %38.1 %
ROI-85.1 %75.6 %39.4 %49.0 %31.3 %
Economic value added (EVA)-79.57-42.59-51.18-63.96-99.33
Solvency
Equity ratio24.7 %54.2 %65.1 %76.0 %70.1 %
Gearing282.8 %27.6 %17.0 %10.0 %33.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.00.3
Current ratio0.10.00.00.3
Cash and cash equivalents0.220.020.02175.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:27.8%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.1%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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