Mortensen Aps — Credit Rating and Financial Key Figures

CVR number: 39707144
Haderslevvej 17, 3000 Helsingør
mortensenaps@gmail.com
tel: 93939335

Credit rating

Company information

Official name
Mortensen Aps
Personnel
5 persons
Established
2018
Company form
Private limited company
Industry

About Mortensen Aps

Mortensen Aps (CVR number: 39707144) is a company from HELSINGØR. The company reported a net sales of 1.8 mDKK in 2024, demonstrating a growth of 87.6 % compared to the previous year. The operating profit percentage was at 6.9 % (EBIT: 0.1 mDKK), while net earnings were 81.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 16.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.1 %, 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. Mortensen Aps's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales116.30289.06532.24948.841 780.13
Gross profit116.30289.06532.24948.841 780.13
EBIT53.70186.8857.45244.50122.78
Net earnings- 132.16107.9150.15187.3881.20
Shareholders equity total106.82214.72264.87452.25533.45
Balance sheet total (assets)772.221 084.321 315.461 829.461 479.60
Net debt-3.73- 266.01- 591.39- 250.25- 476.74
Profitability
EBIT-%46.2 %64.7 %10.8 %25.8 %6.9 %
ROA-18.8 %12.5 %4.8 %15.5 %7.4 %
ROE-76.4 %67.1 %20.9 %52.3 %16.5 %
ROI-48.7 %34.7 %18.1 %68.2 %24.9 %
Economic value added (EVA)41.71171.7638.88179.2267.57
Solvency
Equity ratio13.8 %19.8 %20.1 %24.7 %36.1 %
Gearing181.9 %72.2 %
Relative net indebtedness %398.8 %106.1 %50.2 %118.8 %26.4 %
Liquidity
Quick ratio0.30.70.80.90.7
Current ratio0.30.70.80.90.7
Cash and cash equivalents197.99420.97591.39250.25476.74
Capital use efficiency
Trade debtors turnover (days)137.857.1261.745.2
Net working capital %-398.8 %-64.9 %-32.7 %-8.4 %-14.0 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.42%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.1%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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