Mortenelgaard ApS — Credit Rating and Financial Key Figures

Mortenelgaard ApS (CVR number: 42748072) is a company from AARHUS. The company recorded a gross profit of 1502.7 kDKK in 2024. The operating profit was 624.6 kDKK, while net earnings were 488.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51.7 %, which can be considered excellent and Return on Equity (ROE) was 70.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Mortenelgaard ApS's liquidity measured by quick ratio was 2.3 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.