MORTEN ODDE KRISTENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31614740
Hjulmagervej 15, 7730 Hanstholm
beersted@mail.dk
tel: 40421315

Credit rating

Company information

Official name
MORTEN ODDE KRISTENSEN HOLDING ApS
Established
2008
Company form
Private limited company
Industry

About MORTEN ODDE KRISTENSEN HOLDING ApS

MORTEN ODDE KRISTENSEN HOLDING ApS (CVR number: 31614740) is a company from THISTED. The company recorded a gross profit of -3.5 kDKK in 2024. The operating profit was -3.5 kDKK, while net earnings were 109.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent and Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 91.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN ODDE KRISTENSEN HOLDING ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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-4.70-3.41-3.79-3.84-3.45
EBIT-4.70-3.41-3.79-3.84-3.45
Net earnings- 261.9075.02-47.24140.64109.40
Shareholders equity total1 330.601 405.631 358.381 499.031 608.42
Balance sheet total (assets)1 475.041 552.881 507.471 648.121 762.41
Net debt90.8896.24-1.63-11.12-15.96
Profitability
EBIT-%
ROA-27.4 %5.0 %-3.0 %8.9 %6.7 %
ROE-31.5 %5.5 %-3.4 %9.8 %7.0 %
ROI-29.5 %5.1 %-3.2 %9.9 %7.3 %
Economic value added (EVA)-21.27-75.11-79.36-72.10-78.78
Solvency
Equity ratio90.2 %90.5 %90.1 %91.0 %91.3 %
Gearing7.2 %7.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.21.21.21.2
Current ratio1.21.21.21.21.2
Cash and cash equivalents5.441.991.6311.1215.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.70%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.3%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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