Mortensen Mandskab ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mortensen Mandskab ApS
Mortensen Mandskab ApS (CVR number: 37490954) is a company from HELSINGØR. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a decline of -34.3 % compared to the previous year. The operating profit percentage was at 4.3 % (EBIT: 0.1 mDKK), while net earnings were 23.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent and Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 46.9 %, 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. Mortensen Mandskab ApS's liquidity measured by quick ratio was 1.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 707.68 | 1 184.52 | 1 715.84 | 1 861.67 | 1 223.59 |
Gross profit | 1 707.68 | 1 184.52 | 1 715.84 | 1 861.67 | 1 223.59 |
EBIT | 313.56 | - 178.15 | 40.93 | 26.44 | 52.62 |
Net earnings | 253.65 | - 185.27 | 1.99 | 32.65 | 23.85 |
Shareholders equity total | 453.15 | 253.84 | 255.83 | 288.49 | 312.34 |
Balance sheet total (assets) | 626.87 | 851.65 | 839.56 | 823.83 | 665.58 |
Net debt | - 151.52 | - 346.94 | - 439.13 | - 153.76 | - 104.36 |
Profitability | |||||
EBIT-% | 18.4 % | -15.0 % | 2.4 % | 1.4 % | 4.3 % |
ROA | 56.0 % | -24.1 % | 4.8 % | 3.2 % | 7.1 % |
ROE | 77.7 % | -52.4 % | 0.8 % | 12.0 % | 7.9 % |
ROI | 96.1 % | -50.4 % | 16.1 % | 9.7 % | 17.6 % |
Economic value added (EVA) | 250.09 | - 191.23 | 45.60 | 27.98 | 30.38 |
Solvency | |||||
Equity ratio | 72.3 % | 29.8 % | 30.5 % | 35.0 % | 46.9 % |
Gearing | |||||
Relative net indebtedness % | 1.3 % | 21.2 % | 8.4 % | 20.5 % | 20.3 % |
Liquidity | |||||
Quick ratio | 3.2 | 1.3 | 1.4 | 1.5 | 1.9 |
Current ratio | 3.2 | 1.3 | 1.4 | 1.5 | 1.9 |
Cash and cash equivalents | 151.52 | 346.94 | 439.13 | 153.76 | 104.36 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 52.8 | 138.2 | 51.7 | 56.3 | |
Net working capital % | 22.1 % | 17.3 % | 12.0 % | 14.3 % | 25.5 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions

... and more!
No registration needed.