Brdr. Mortensen ApS — Credit Rating and Financial Key Figures

CVR number: 34698295
Varde Landevej 2 B, Starup 7200 Grindsted

Credit rating

Company information

Official name
Brdr. Mortensen ApS
Personnel
1 person
Established
2012
Domicile
Starup
Company form
Private limited company
Industry

About Brdr. Mortensen ApS

Brdr. Mortensen ApS (CVR number: 34698295) is a company from VARDE. The company recorded a gross profit of 317.1 kDKK in 2024. The operating profit was 141.9 kDKK, while net earnings were 200.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14 %, which can be considered good but Return on Equity (ROE) was 16.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.4 %, 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. Brdr. Mortensen 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit153.98208.48110.57174.49317.12
EBIT107.98208.48110.57153.18141.92
Net earnings127.89287.38186.24226.88200.70
Shareholders equity total431.94782.58968.821 195.701 295.30
Balance sheet total (assets)1 022.331 203.681 393.141 618.961 695.31
Net debt410.42193.8794.49101.87157.48
Profitability
EBIT-%
ROA25.4 %27.7 %16.2 %16.8 %14.0 %
ROE34.8 %47.3 %21.3 %21.0 %16.1 %
ROI26.2 %28.5 %16.5 %17.1 %14.1 %
Economic value added (EVA)66.78144.8838.3768.4942.63
Solvency
Equity ratio42.3 %65.0 %69.5 %73.9 %76.4 %
Gearing127.3 %51.1 %41.3 %33.5 %30.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.60.81.00.9
Current ratio0.30.70.91.11.1
Cash and cash equivalents139.58206.13305.51298.13242.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:14.0%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.4%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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