MORTEN BÆKGAARD HOLDING ApS — Credit Rating and Financial Key Figures

MORTEN BÆKGAARD HOLDING ApS (CVR number: 31287138) is a company from HERNING. The company recorded a gross profit of -22.1 kDKK in 2023. The operating profit was -22.1 kDKK, while net earnings were 1309.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.4 %, which can be considered excellent and Return on Equity (ROE) was 20.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN BÆKGAARD HOLDING ApS's liquidity measured by quick ratio was 30.8 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.