MORTEN OLSEN KERTEMINDE HOLDING ApS — Credit Rating and Financial Key Figures

MORTEN OLSEN KERTEMINDE HOLDING ApS (CVR number: 28478909) is a company from KERTEMINDE. The company recorded a gross profit of 799.6 kDKK in 2023. The operating profit was -177.4 kDKK, while net earnings were 127.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.6 %, which can be considered excellent and Return on Equity (ROE) was 20.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73 %, 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. MORTEN OLSEN KERTEMINDE HOLDING ApS's liquidity measured by quick ratio was 1.8 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.