Morten Jacobsen Transport ApS — Credit Rating and Financial Key Figures

Morten Jacobsen Transport ApS (CVR number: 38486144) is a company from VIBORG. The company recorded a gross profit of 565.4 kDKK in 2023. The operating profit was 12 kDKK, while net earnings were 4.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 37.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Morten Jacobsen Transport ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.