MORTEN SOMMER HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 29850380
Industritoften 2, Virring 8660 Skanderborg
gso@olesommer.dk
tel: 86927166

Company information

Official name
MORTEN SOMMER HOLDING A/S
Established
2006
Domicile
Virring
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2022
2023
2024
Volume
Net sales
Gross profit-72.33-77.84- 106.51
EBIT-72.33-77.84- 106.51
Net earnings1 130.677 754.7510 356.52
Shareholders equity total67 855.4574 610.2084 531.72
Balance sheet total (assets)67 867.5574 623.7084 539.22
Net debt-39 576.89-47 396.64-60 346.45
Profitability
EBIT-%
ROA8.5 %12.2 %14.6 %
ROE1.7 %10.9 %13.0 %
ROI8.5 %12.2 %14.6 %
Economic value added (EVA)-56.4040.39110.54
Solvency
Equity ratio100.0 %100.0 %100.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3 928.44 067.38 246.0
Current ratio3 928.44 067.38 246.0
Cash and cash equivalents39 576.8947 396.6460 346.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBAAA

Variable visualization

ROA:14.6%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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