PALLE MORTENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31066573
Helvigsvej 10, 9000 Aalborg

Company information

Official name
PALLE MORTENSEN HOLDING ApS
Established
2007
Company form
Private limited company
Industry

About PALLE MORTENSEN HOLDING ApS

PALLE MORTENSEN HOLDING ApS (CVR number: 31066573) is a company from AALBORG. The company reported a net sales of 1.5 mDKK in 2024, demonstrating a growth of -1040.3 % compared to the previous year. The operating profit percentage was at 99.3 % (EBIT: 1.5 mDKK), while net earnings were 1570.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15 %, which can be considered good but Return on Equity (ROE) was 16.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PALLE MORTENSEN HOLDING ApS's liquidity measured by quick ratio was 1.5 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 681.00851.86342.52- 162.591 528.84
Gross profit1 674.16845.17333.28- 172.071 517.87
EBIT1 674.16845.17333.28- 172.071 517.87
Net earnings1 672.57870.77331.18- 135.121 570.06
Shareholders equity total7 978.598 736.368 953.158 700.2310 148.29
Balance sheet total (assets)8 177.329 998.7410 241.0010 013.3411 494.32
Net debt-60.021 197.211 226.021 284.471 283.00
Profitability
EBIT-%99.6 %99.2 %97.3 %99.3 %
ROA22.8 %9.7 %3.5 %-1.0 %15.0 %
ROE23.2 %10.4 %3.7 %-1.5 %16.7 %
ROI23.4 %9.9 %3.5 %-1.0 %15.0 %
Economic value added (EVA)1 351.72439.82- 165.37- 696.861 004.09
Solvency
Equity ratio97.6 %87.4 %87.4 %86.9 %88.3 %
Gearing14.3 %14.3 %15.0 %13.1 %
Relative net indebtedness %8.3 %141.8 %361.2 %-796.7 %85.1 %
Liquidity
Quick ratio6.20.81.11.21.5
Current ratio6.20.81.11.21.5
Cash and cash equivalents60.0254.3450.5617.6445.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %61.9 %-35.6 %35.4 %-172.7 %42.5 %
Credit risk
Credit ratingAAAABBBA

Variable visualization

ROA:15.0%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.3%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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