MORTEN DAMGAARD AUTO ApS — Credit Rating and Financial Key Figures

MORTEN DAMGAARD AUTO ApS (CVR number: 33156944) is a company from KØGE. The company recorded a gross profit of 5112.7 kDKK in 2024. The operating profit was 359.9 kDKK, while net earnings were 294.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 57.7 %, 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 DAMGAARD AUTO ApS's liquidity measured by quick ratio was 1.7 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.