ALLAN MORTENSEN, 719 GRINDSTED ApS — Credit Rating and Financial Key Figures

CVR number: 19289206
Vestre Boulevard 5, 7200 Grindsted
719@rema1000.dk

Credit rating

Company information

Official name
ALLAN MORTENSEN, 719 GRINDSTED ApS
Personnel
56 persons
Established
1996
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About 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 7735.1 kDKK in 2024. The operating profit was 510.8 kDKK, while net earnings were 232.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.9 %, which can be considered excellent and Return on Equity (ROE) was 19.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.7 %, 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 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6.116.045.857.147 735.07
EBIT1.661.311.191.14510.78
Net earnings1.130.850.730.69232.38
Shareholders equity total1.531.171.902.302 409.60
Balance sheet total (assets)4.803.985.075.976 941.75
Net debt-1.80-1.57-2.18-3.22-4 017.58
Profitability
EBIT-%
ROA38.7 %30.0 %26.4 %21.4 %16.9 %
ROE78.3 %62.5 %47.7 %33.0 %19.3 %
ROI113.4 %96.3 %77.3 %56.2 %48.5 %
Economic value added (EVA)1.591.231.131.04399.75
Solvency
Equity ratio32.0 %29.4 %37.6 %38.5 %34.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.80.80.91.11.0
Current ratio1.41.31.51.61.5
Cash and cash equivalents1.801.572.183.224 017.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:16.9%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.7%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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