MICHAEL MORTENSEN ApS — Credit Rating and Financial Key Figures

MICHAEL MORTENSEN ApS (CVR number: 21083801K) is a company from HORSENS. The company reported a net sales of 395.3 mDKK in 2024, demonstrating a decline of -15.1 % compared to the previous year. The operating profit percentage was at 0.4 % (EBIT: 1.7 mDKK), while net earnings were 9541 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 31.8 %, 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. MICHAEL MORTENSEN ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.