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 37.6 mDKK in 2023. The operating profit was 6828 kDKK, while net earnings were 4539.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good but Return on Equity (ROE) was 22.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.1 %, 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 1.1 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.