MORTEN NØRGAARD HOLDING ApS — Credit Rating and Financial Key Figures

MORTEN NØRGAARD HOLDING ApS (CVR number: 29821755) is a company from FAVRSKOV. The company recorded a gross profit of -8.7 kDKK in 2023. The operating profit was -8.7 kDKK, while net earnings were 565.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 14 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 91.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN NØRGAARD HOLDING ApS's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.