MORTEN TANG HOLDING A/S — Credit Rating and Financial Key Figures

MORTEN TANG HOLDING A/S (CVR number: 28504950K) is a company from FAVRSKOV. The company recorded a gross profit of 19.7 mDKK in 2023. The operating profit was 4065 kDKK, while net earnings were 3974.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good but Return on Equity (ROE) was 17.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43 %, 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 TANG HOLDING A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.