MORTEN KONGSTED HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MORTEN KONGSTED HOLDING ApS
MORTEN KONGSTED HOLDING ApS (CVR number: 28113684) is a company from ALLERØD. The company recorded a gross profit of 203 kDKK in 2023. The operating profit was -67.1 kDKK, while net earnings were 293.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 78.6 %, 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. MORTEN KONGSTED HOLDING ApS's liquidity measured by quick ratio was 1.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -41.55 | 87.16 | 213.32 | 119.95 | 203.01 |
EBIT | - 258.04 | - 204.39 | -74.50 | - 106.61 | -67.10 |
Net earnings | 730.65 | 780.27 | 1 086.24 | 1 089.49 | 293.12 |
Shareholders equity total | 4 184.89 | 4 909.87 | 5 939.61 | 6 971.89 | 7 206.11 |
Balance sheet total (assets) | 4 758.51 | 6 155.24 | 6 696.80 | 8 380.75 | 9 164.90 |
Net debt | 276.52 | 1 123.31 | 398.38 | 1 128.77 | 1 847.89 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.6 % | 13.8 % | 17.2 % | 14.5 % | 3.8 % |
ROE | 19.0 % | 17.2 % | 20.0 % | 16.9 % | 4.1 % |
ROI | 16.0 % | 14.1 % | 17.6 % | 14.9 % | 3.8 % |
Economic value added (EVA) | - 170.62 | -66.32 | 93.31 | - 117.30 | -22.70 |
Solvency | |||||
Equity ratio | 87.9 % | 79.8 % | 88.7 % | 83.2 % | 78.6 % |
Gearing | 6.7 % | 22.9 % | 6.8 % | 16.2 % | 25.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.1 | 0.4 | 2.2 | 1.7 |
Current ratio | 0.3 | 0.1 | 0.4 | 2.2 | 1.7 |
Cash and cash equivalents | 2.24 | 3.34 | 6.21 | 0.08 | 17.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
Variable visualization
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