MORTEN SØRENSEN ApS — Credit Rating and Financial Key Figures

MORTEN SØRENSEN ApS (CVR number: 31172497) is a company from RUDERSDAL. The company recorded a gross profit of 839.8 kDKK in 2022. The operating profit was 232 kDKK, while net earnings were 156.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 82.5 %, which can be considered excellent and Return on Equity (ROE) was 110.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.2 %, 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. MORTEN SØRENSEN ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.