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 5765 kDKK in 2023. The operating profit was 746.2 kDKK, while net earnings were 545.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.7 %, which can be considered good but Return on Equity (ROE) was 18.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.8 %, 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.