Martin Bach Mortensen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Martin Bach Mortensen ApS
Martin Bach Mortensen ApS (CVR number: 39495805) is a company from AALBORG. The company recorded a gross profit of -8.1 kDKK in 2023. The operating profit was -8.1 kDKK, while net earnings were 1430.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49.3 %, which can be considered excellent and Return on Equity (ROE) was 76.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.2 %, 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. Martin Bach Mortensen 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -4.00 | -4.75 | -5.25 | -7.25 | -8.13 |
EBIT | -4.00 | -4.75 | -5.25 | -7.25 | -8.13 |
Net earnings | 405.31 | 243.69 | 227.67 | 355.13 | 1 430.18 |
Shareholders equity total | 440.97 | 629.37 | 857.04 | 1 212.17 | 2 524.55 |
Balance sheet total (assets) | 574.88 | 709.36 | 915.61 | 1 302.51 | 4 494.67 |
Net debt | 40.00 | -9.58 | -14.02 | 206.54 | |
Profitability | |||||
EBIT-% | |||||
ROA | 131.6 % | 37.8 % | 27.9 % | 31.9 % | 49.3 % |
ROE | 170.1 % | 45.5 % | 30.6 % | 34.3 % | 76.5 % |
ROI | 156.6 % | 43.7 % | 30.5 % | 34.2 % | 53.5 % |
Economic value added (EVA) | -3.84 | 2.46 | -4.10 | -12.03 | -12.28 |
Solvency | |||||
Equity ratio | 76.7 % | 88.7 % | 93.6 % | 93.1 % | 56.2 % |
Gearing | 9.1 % | 0.3 % | 63.4 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 3.4 | 6.8 | 7.1 | 1.3 |
Current ratio | 0.7 | 3.4 | 6.8 | 7.1 | 1.3 |
Cash and cash equivalents | 9.58 | 18.02 | 1 393.56 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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