MORTEN KONGSTED HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28113684
Vrålyngen 1, 3540 Lynge

Credit rating

Company information

Official name
MORTEN KONGSTED HOLDING ApS
Established
2004
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-41.5587.16213.32119.95203.01
EBIT- 258.04- 204.39-74.50- 106.61-67.10
Net earnings730.65780.271 086.241 089.49293.12
Shareholders equity total4 184.894 909.875 939.616 971.897 206.11
Balance sheet total (assets)4 758.516 155.246 696.808 380.759 164.90
Net debt276.521 123.31398.381 128.771 847.89
Profitability
EBIT-%
ROA15.6 %13.8 %17.2 %14.5 %3.8 %
ROE19.0 %17.2 %20.0 %16.9 %4.1 %
ROI16.0 %14.1 %17.6 %14.9 %3.8 %
Economic value added (EVA)- 170.62-66.3293.31- 117.30-22.70
Solvency
Equity ratio87.9 %79.8 %88.7 %83.2 %78.6 %
Gearing6.7 %22.9 %6.8 %16.2 %25.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.10.42.21.7
Current ratio0.30.10.42.21.7
Cash and cash equivalents2.243.346.210.0817.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:3.80%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.6%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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