Mortensen Aps — Credit Rating and Financial Key Figures

Mortensen Aps (CVR number: 39707144) is a company from HELSINGØR. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a growth of 78.3 % compared to the previous year. The operating profit percentage was at 25.8 % (EBIT: 0.2 mDKK), while net earnings were 187.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.5 %, which can be considered excellent and Return on Equity (ROE) was 52.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.7 %, 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. Mortensen Aps's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.