MICHAEL MORTENSEN ApS — Credit Rating and Financial Key Figures

MICHAEL MORTENSEN ApS (CVR number: 21083801) is a company from HORSENS. The company recorded a gross profit of -1123 kDKK in 2024. The operating profit was -1123 kDKK, while net earnings were 12.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 49.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MICHAEL MORTENSEN ApS's liquidity measured by quick ratio was 1.4 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.