Tømrermester Morten Malmgren ApS — Credit Rating and Financial Key Figures

Tømrermester Morten Malmgren ApS (CVR number: 40755381) is a company from GULDBORGSUND. The company reported a net sales of 1.7 mDKK in 2023, demonstrating a growth of 5.5 % compared to the previous year. The operating profit percentage was at 23 % (EBIT: 0.4 mDKK), while net earnings were 351.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 87.7 %, which can be considered excellent and Return on Equity (ROE) was 382.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Tømrermester Morten Malmgren ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.