MORTENVITUS ApS — Credit Rating and Financial Key Figures

CVR number: 34469806
Arne Jacobsens Allé 15, 2300 København S

Credit rating

Company information

Official name
MORTENVITUS ApS
Established
2012
Company form
Private limited company
Industry

About MORTENVITUS ApS

MORTENVITUS ApS (CVR number: 34469806) is a company from KØBENHAVN. The company recorded a gross profit of -15.4 kDKK in 2022. The operating profit was -15.4 kDKK, while net earnings were -320.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -11.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -42.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MORTENVITUS 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-12.42-11.38-11.37-12.63-15.42
EBIT-12.42-11.38-11.37-12.63-15.42
Net earnings- 809.74- 242.12- 690.30- 147.30- 320.94
Shareholders equity total- 698.17- 940.28-1 630.59-1 777.88-2 098.82
Balance sheet total (assets)3 411.383 166.792 729.182 830.152 833.51
Net debt4 027.964 025.384 277.574 514.874 244.17
Profitability
EBIT-%
ROA-10.8 %-1.2 %-10.6 %2.0 %-0.3 %
ROE-46.0 %-7.4 %-23.4 %-5.3 %-11.3 %
ROI-11.0 %-1.3 %-10.8 %2.0 %-0.3 %
Economic value added (EVA)43.7266.0772.7295.6997.32
Solvency
Equity ratio-17.0 %-22.9 %-37.4 %-38.6 %-42.6 %
Gearing-576.9 %-428.1 %-262.4 %-254.0 %-202.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.00.00.0
Current ratio0.10.00.00.00.0
Cash and cash equivalents0.080.570.440.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.25%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-42.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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