MORTEN ENGSTRØM HOLDING ApS — Credit Rating and Financial Key Figures

MORTEN ENGSTRØM HOLDING ApS (CVR number: 34202869) is a company from GREVE. The company recorded a gross profit of 77.8 kDKK in 2023. The operating profit was 77.8 kDKK, while net earnings were 67.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44 %, which can be considered excellent and Return on Equity (ROE) was 45.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN ENGSTRØM HOLDING ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.