MORTEN SOMMER HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MORTEN SOMMER HOLDING A/S
MORTEN SOMMER HOLDING A/S (CVR number: 29850380) is a company from SKANDERBORG. The company recorded a gross profit of -106.5 kDKK in 2024. The operating profit was -106.5 kDKK, while net earnings were 10.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good and Return on Equity (ROE) was 13 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN SOMMER HOLDING A/S's liquidity measured by quick ratio was 8246 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 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -72.33 | -77.84 | - 106.51 | |
EBIT | -72.33 | -77.84 | - 106.51 | |
Net earnings | 1 130.67 | 7 754.75 | 10 356.52 | |
Shareholders equity total | 67 855.45 | 74 610.20 | 84 531.72 | |
Balance sheet total (assets) | 67 867.55 | 74 623.70 | 84 539.22 | |
Net debt | -39 576.89 | -47 396.64 | -60 346.45 | |
Profitability | ||||
EBIT-% | ||||
ROA | 8.5 % | 12.2 % | 14.6 % | |
ROE | 1.7 % | 10.9 % | 13.0 % | |
ROI | 8.5 % | 12.2 % | 14.6 % | |
Economic value added (EVA) | -56.40 | 40.39 | 110.54 | |
Solvency | ||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 3 928.4 | 4 067.3 | 8 246.0 | |
Current ratio | 3 928.4 | 4 067.3 | 8 246.0 | |
Cash and cash equivalents | 39 576.89 | 47 396.64 | 60 346.45 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | B | A | A | A |
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