Vognmand Morten Andersen ApS — Credit Rating and Financial Key Figures

Vognmand Morten Andersen ApS (CVR number: 39511665) is a company from KERTEMINDE. The company recorded a gross profit of 47.5 mDKK in 2024. The operating profit was 4718.1 kDKK, while net earnings were 2224.7 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 10.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 27.7 %, 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. Vognmand Morten Andersen ApS's liquidity measured by quick ratio was 1.2 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.