MORTEN KENNE ApS

MORTEN KENNE ApS (CVR number: 30242475) is a company from KOLDING. The company recorded a gross profit of 2809.5 kDKK in 2023. The operating profit was 360.8 kDKK, while net earnings were 263.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.8 %, which can be considered good but Return on Equity (ROE) was 28.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MORTEN KENNE ApS's liquidity measured by quick ratio was 1.5 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.