MORTEN THRANE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28856164
Poul la Cours Vej 45, Askov 6600 Vejen
mtvejen@gmail.com

Company information

Official name
MORTEN THRANE HOLDING ApS
Established
2005
Domicile
Askov
Company form
Private limited company
Industry

About MORTEN THRANE HOLDING ApS

MORTEN THRANE HOLDING ApS (CVR number: 28856164) is a company from VEJEN. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -38.3 kDKK, while net earnings were 3029.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good and Return on Equity (ROE) was 11.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN THRANE HOLDING ApS's liquidity measured by quick ratio was 25.2 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-57.47- 266.89- 125.66
EBIT-60.55- 269.97- 136.15- 339.52-38.31
Net earnings3 135.371 317.553 952.33-5 337.913 029.11
Shareholders equity total36 151.1637 358.1035 310.4326 972.5226 001.63
Balance sheet total (assets)36 800.0437 916.1937 581.9027 778.8626 907.83
Net debt-32 968.26-34 103.99-34 481.39-23 680.33-22 088.78
Profitability
EBIT-%
ROA11.4 %4.7 %13.8 %0.5 %11.2 %
ROE8.9 %3.6 %10.9 %-17.1 %11.4 %
ROI11.6 %4.8 %14.3 %0.5 %11.6 %
Economic value added (EVA)- 404.68- 370.67- 269.44- 225.38-47.94
Solvency
Equity ratio98.2 %98.5 %94.0 %97.1 %96.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio50.861.115.230.625.2
Current ratio50.861.115.230.625.2
Cash and cash equivalents32 968.2634 103.9934 481.3923 680.3322 088.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:11.2%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.6%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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