MORTEN V. THOMSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35855122
Musvitvej 6, 7430 Ikast

Credit rating

Company information

Official name
MORTEN V. THOMSEN HOLDING ApS
Established
2014
Company form
Private limited company
Industry

About MORTEN V. THOMSEN HOLDING ApS

MORTEN V. THOMSEN HOLDING ApS (CVR number: 35855122) is a company from IKAST-BRANDE. The company recorded a gross profit of -13.1 kDKK in 2024. The operating profit was -13.1 kDKK, while net earnings were 236.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent and Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 69.4 %, 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 V. THOMSEN HOLDING ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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-12.92-15.41-12.50-12.50-13.13
EBIT-12.92-15.41-12.50-12.50-13.13
Net earnings1 725.78243.26357.76287.76236.89
Shareholders equity total3 601.713 844.974 202.733 359.503 596.39
Balance sheet total (assets)5 974.865 297.265 695.454 893.385 178.56
Net debt2 147.781 218.701 302.011 335.881 416.57
Profitability
EBIT-%
ROA42.5 %5.3 %6.8 %6.1 %5.4 %
ROE89.3 %6.5 %8.9 %7.6 %6.8 %
ROI44.3 %5.5 %7.1 %6.3 %5.6 %
Economic value added (EVA)- 132.72- 300.96- 263.33- 284.38- 244.10
Solvency
Equity ratio60.3 %72.6 %73.8 %68.7 %69.4 %
Gearing59.6 %31.7 %31.0 %39.8 %39.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents0.550.100.140.140.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.38%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.4%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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