MAX MORTENSEN & CO.. ApS

CVR number: 13555818
Kildemosevej 13, 5000 Odense C
maxm@mail.dk
tel: 66120788
www.max-mortensen-co.dk

Credit rating

Company information

Official name
MAX MORTENSEN & CO.. ApS
Personnel
3 persons
Established
1975
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About MAX MORTENSEN & CO.. ApS

MAX MORTENSEN & CO.. ApS (CVR number: 13555818) is a company from ODENSE. The company recorded a gross profit of 1471.6 kDKK in 2023. The operating profit was -395.3 kDKK, while net earnings were -316.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8 %, which can be considered poor and Return on Equity (ROE) was -8.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MAX MORTENSEN & CO.. 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 966.732 077.321 784.551 646.731 471.57
EBIT452.82387.13-0.8081.42- 395.34
Net earnings352.75297.20-5.2262.75- 316.80
Shareholders equity total4 545.044 542.244 237.023 999.773 682.98
Balance sheet total (assets)5 765.695 643.625 137.744 859.465 025.75
Net debt- 917.57- 674.04- 329.26- 200.40158.11
Profitability
EBIT-%
ROA7.9 %6.8 %-0.0 %1.6 %-8.0 %
ROE7.8 %6.5 %-0.1 %1.5 %-8.2 %
ROI9.4 %7.9 %-0.0 %1.8 %-8.9 %
Economic value added (EVA)163.10119.38- 195.07- 133.01- 499.45
Solvency
Equity ratio78.8 %80.5 %82.5 %82.3 %73.3 %
Gearing13.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.61.31.10.9
Current ratio2.83.23.33.11.7
Cash and cash equivalents917.57674.04329.26200.40352.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAABBB

Variable visualization

ROA:-8.00%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.3%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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