Morten Noersten Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Morten Noersten Holding ApS
Morten Noersten Holding ApS (CVR number: 38566539) is a company from GENTOFTE. The company recorded a gross profit of -4.5 kDKK in 2024. The operating profit was -4.5 kDKK, while net earnings were -3.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8 %, which can be considered poor and Return on Equity (ROE) was -9.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Morten Noersten Holding ApS's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -3.38 | -4.50 | |||
| EBIT | -3.38 | -4.50 | |||
| Net earnings | -97.94 | -33.50 | - 224.79 | 209.75 | -3.43 |
| Shareholders equity total | -33.50 | 6.50 | - 218.29 | 40.21 | 33.27 |
| Balance sheet total (assets) | 40.00 | 36.61 | 40.21 | 70.56 | |
| Net debt | 33.50 | 33.50 | 218.29 | -32.80 | 8.91 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -149.0 % | -45.6 % | -195.4 % | 181.7 % | -8.0 % |
| ROE | -304.0 % | -515.4 % | -1042.8 % | 546.1 % | -9.3 % |
| ROI | -149.0 % | -45.6 % | -195.4 % | 181.7 % | -8.0 % |
| Economic value added (EVA) | -4.92 | -4.64 | -1.84 | -6.52 | |
| Solvency | |||||
| Equity ratio | -100.0 % | 16.3 % | -85.6 % | 100.0 % | 47.2 % |
| Gearing | -100.0 % | 515.4 % | -116.8 % | 112.1 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.2 | 0.1 | 1.9 | ||
| Current ratio | 1.2 | 0.1 | 1.9 | ||
| Cash and cash equivalents | 36.61 | 32.80 | 28.38 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | BB | BB | B | BB |
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