ALLAN MORTENSEN, 719 GRINDSTED ApS

ALLAN MORTENSEN, 719 GRINDSTED ApS (CVR number: 19289206) is a company from BILLUND. The company recorded a gross profit of 7144 kDKK in 2023. The operating profit was 1140.3 kDKK, while net earnings were 693.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.5 %, which can be considered excellent and Return on Equity (ROE) was 60.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.5 %, 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. ALLAN MORTENSEN, 719 GRINDSTED ApS's liquidity measured by quick ratio was 1.1 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.