VERNER MORTENSEN AUTOMOBILER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 899.9 kDKK in 2024. The operating profit was -309.6 kDKK, while net earnings were -363.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.6 %, which can be considered poor and Return on Equity (ROE) was -12.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.9 %, 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 47.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 838.19 | 4 692.52 | 3 424.13 | 3 386.19 | 899.90 |
EBIT | - 161.84 | 232.62 | 76.13 | 142.90 | - 309.56 |
Net earnings | - 145.72 | 165.21 | 42.78 | 96.94 | - 363.34 |
Shareholders equity total | 3 701.66 | 3 640.87 | 3 454.45 | 3 315.79 | 2 708.45 |
Balance sheet total (assets) | 5 230.64 | 4 506.93 | 4 125.82 | 4 125.42 | 2 765.44 |
Net debt | -2 118.57 | - 690.54 | -1 447.58 | -2 188.01 | -2 656.93 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.1 % | 4.9 % | 1.9 % | 3.5 % | -8.6 % |
ROE | -3.8 % | 4.5 % | 1.2 % | 2.9 % | -12.1 % |
ROI | -4.0 % | 6.3 % | 2.3 % | 4.2 % | -9.8 % |
Economic value added (EVA) | - 331.89 | -2.31 | - 125.71 | -63.40 | - 535.68 |
Solvency | |||||
Equity ratio | 70.8 % | 80.8 % | 83.7 % | 80.4 % | 97.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 1.5 | 3.3 | 3.5 | 47.2 |
Current ratio | 3.5 | 4.8 | 5.7 | 4.8 | 47.2 |
Cash and cash equivalents | 2 118.57 | 690.54 | 1 447.58 | 2 188.01 | 2 656.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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