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MARIUS MORTENSENS EFTF. A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MARIUS MORTENSENS EFTF. A/S
MARIUS MORTENSENS EFTF. A/S (CVR number: 11141935) is a company from GULDBORGSUND. The company recorded a gross profit of 3381.3 kDKK in 2024. The operating profit was 118 kDKK, while net earnings were -31.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak but Return on Equity (ROE) was -1.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MARIUS MORTENSENS EFTF. A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 3 398.81 | 3 038.10 | 3 087.10 | 3 789.34 | 3 381.33 |
| EBIT | 1 065.95 | 445.86 | 232.50 | 458.89 | 118.03 |
| Net earnings | 727.62 | 309.46 | 114.43 | 305.91 | -31.88 |
| Shareholders equity total | 2 236.87 | 2 046.33 | 2 010.76 | 2 316.66 | 2 284.78 |
| Balance sheet total (assets) | 6 161.55 | 6 188.17 | 7 675.21 | 7 870.15 | 8 843.24 |
| Net debt | 1 577.60 | 2 433.69 | 3 037.97 | 3 073.31 | 3 620.19 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 19.3 % | 8.0 % | 4.4 % | 7.6 % | 2.6 % |
| ROE | 38.8 % | 14.4 % | 5.6 % | 14.1 % | -1.4 % |
| ROI | 28.3 % | 10.9 % | 5.9 % | 10.5 % | 3.6 % |
| Economic value added (EVA) | 609.80 | 110.70 | -65.57 | 73.42 | - 156.95 |
| Solvency | |||||
| Equity ratio | 36.5 % | 33.2 % | 26.5 % | 29.7 % | 26.1 % |
| Gearing | 77.6 % | 121.3 % | 157.8 % | 136.8 % | 169.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.4 | 0.4 | 0.5 | 0.5 | 0.6 |
| Current ratio | 1.9 | 1.6 | 1.3 | 1.5 | 1.3 |
| Cash and cash equivalents | 157.98 | 49.12 | 134.93 | 95.35 | 245.30 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | BBB | A | BBB |
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