VERNER MORTENSEN AUTOMOBILER A/S — Credit Rating and Financial Key Figures

CVR number: 19322432
Langelinie 65, 8600 Silkeborg
nem@vernermortensen.dk
tel: 86820027

Company information

Official name
VERNER MORTENSEN AUTOMOBILER A/S
Personnel
3 persons
Established
1996
Company form
Limited company
Industry

About VERNER MORTENSEN AUTOMOBILER A/S

VERNER MORTENSEN AUTOMOBILER A/S (CVR number: 19322432) is a company from SILKEBORG. The company recorded a gross profit of 3386.2 kDKK in 2023. The operating profit was 142.9 kDKK, while net earnings were 96.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 80.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VERNER MORTENSEN AUTOMOBILER A/S's liquidity measured by quick ratio was 3.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 279.734 838.194 692.523 424.133 386.19
EBIT275.81- 161.84232.6276.13142.90
Net earnings204.28- 145.72165.2142.7896.94
Shareholders equity total4 068.583 701.663 640.873 454.453 315.79
Balance sheet total (assets)5 212.815 230.644 506.934 125.824 125.42
Net debt- 259.43-2 118.57- 690.54-1 447.58-2 188.01
Profitability
EBIT-%
ROA5.6 %-3.1 %4.9 %1.9 %3.5 %
ROE5.0 %-3.8 %4.5 %1.2 %2.9 %
ROI6.8 %-4.0 %6.3 %2.3 %4.2 %
Economic value added (EVA)61.31- 318.86104.15-91.019.34
Solvency
Equity ratio78.0 %70.8 %80.8 %83.7 %80.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.42.21.53.33.5
Current ratio4.53.54.85.74.8
Cash and cash equivalents259.432 118.57690.541 447.582 188.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBA

Variable visualization

ROA:3.47%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.4%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.