Credit rating
Company information
About Morten Paulsen ApS
Morten Paulsen ApS (CVR number: 17443488) is a company from HADERSLEV. The company recorded a gross profit of 475.3 kDKK in 2023. The operating profit was -37.2 kDKK, while net earnings were -19.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -3.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.6 %, 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. Morten Paulsen 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 287.43 | 341.95 | 448.25 | 523.79 | 475.28 |
EBIT | 178.83 | 133.02 | 128.28 | 74.27 | -37.22 |
Net earnings | 123.37 | 103.83 | 100.12 | 52.77 | -19.81 |
Shareholders equity total | 357.71 | 461.53 | 561.65 | 614.42 | 594.62 |
Balance sheet total (assets) | 889.25 | 1 075.02 | 1 181.64 | 1 180.90 | 1 465.05 |
Net debt | 246.85 | 269.48 | 340.11 | 440.06 | 767.23 |
Profitability | |||||
EBIT-% | |||||
ROA | 18.4 % | 14.8 % | 12.2 % | 7.3 % | -0.2 % |
ROE | 41.7 % | 25.3 % | 19.6 % | 9.0 % | -3.3 % |
ROI | 29.9 % | 21.7 % | 16.2 % | 8.5 % | -0.2 % |
Economic value added (EVA) | 125.76 | 86.15 | 76.87 | 33.20 | -60.15 |
Solvency | |||||
Equity ratio | 41.1 % | 42.9 % | 47.5 % | 52.0 % | 40.6 % |
Gearing | 71.1 % | 58.4 % | 72.9 % | 71.6 % | 129.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.2 | 1.0 | 1.5 | 1.4 |
Current ratio | 1.4 | 1.4 | 1.7 | 1.9 | 1.6 |
Cash and cash equivalents | 7.38 | 69.50 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BB |
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