MORTEN ELSBORG ApS — Credit Rating and Financial Key Figures

CVR number: 29522138
Nørremøllevej 50, 8800 Viborg
mail@mortenelsborg.dk
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Credit rating

Company information

Official name
MORTEN ELSBORG ApS
Personnel
1 person
Established
2006
Company form
Private limited company
Industry

About MORTEN ELSBORG ApS

MORTEN ELSBORG ApS (CVR number: 29522138) is a company from VIBORG. The company recorded a gross profit of 827.3 kDKK in 2025. The operating profit was 107.6 kDKK, while net earnings were 59 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 41.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 8.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MORTEN ELSBORG ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit1 466.141 346.751 446.34935.09827.34
EBIT596.45285.27372.818.41107.62
Net earnings475.62196.59265.11-11.8058.95
Shareholders equity total600.62322.22390.33113.52172.48
Balance sheet total (assets)2 455.732 288.242 238.932 017.462 005.91
Net debt387.72562.58671.6150.13909.87
Profitability
EBIT-%
ROA28.9 %13.7 %18.1 %2.1 %6.5 %
ROE66.8 %42.6 %74.4 %-4.7 %41.2 %
ROI39.5 %16.9 %21.8 %2.6 %8.3 %
Economic value added (EVA)389.00126.08191.35-82.352.80
Solvency
Equity ratio24.5 %14.1 %17.4 %5.6 %8.6 %
Gearing213.5 %509.5 %356.5 %1310.7 %792.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.11.21.00.7
Current ratio1.21.11.21.00.7
Cash and cash equivalents894.441 079.20719.961 437.85456.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.49%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.60%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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