Morten Madsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Morten Madsen Holding ApS
Morten Madsen Holding ApS (CVR number: 36702923) is a company from FREDERIKSSUND. The company recorded a gross profit of -13.1 kDKK in 2024. The operating profit was -13.1 kDKK, while net earnings were 677.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good and Return on Equity (ROE) was 9.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74 %, 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 Madsen Holding ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -6.25 | -9.00 | -13.13 | ||
| EBIT | -6.25 | -9.00 | -13.13 | ||
| Net earnings | 486.86 | 452.82 | 414.46 | 241.44 | 677.94 |
| Shareholders equity total | 5 642.91 | 6 095.73 | 6 510.19 | 6 751.63 | 7 368.57 |
| Balance sheet total (assets) | 5 642.91 | 6 095.73 | 6 587.73 | 9 332.55 | 9 961.50 |
| Net debt | -1 222.27 | -2 234.76 | -1 737.97 | 1 683.38 | 1 530.20 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 9.1 % | 8.2 % | 12.2 % | 4.3 % | 8.5 % |
| ROE | 9.0 % | 7.7 % | 6.6 % | 3.6 % | 9.6 % |
| ROI | 9.1 % | 8.2 % | 12.3 % | 4.4 % | 8.6 % |
| Economic value added (EVA) | 1.23 | -10.98 | -12.65 | 190.58 | 143.12 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 98.8 % | 72.3 % | 74.0 % |
| Gearing | 0.3 % | 38.0 % | 33.2 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 28.6 | 1.2 | 1.3 | ||
| Current ratio | 28.6 | 1.2 | 1.3 | ||
| Cash and cash equivalents | 1 222.27 | 2 234.76 | 1 758.71 | 880.43 | 916.31 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | A | A | A |
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