MORTEN'S MALERFIRMA ApS — Credit Rating and Financial Key Figures

CVR number: 29621500
Bredgade 12 A, 7470 Karup J
tel: 20678828

Company information

Official name
MORTEN'S MALERFIRMA ApS
Personnel
4 persons
Established
2006
Company form
Private limited company
Industry

About MORTEN'S MALERFIRMA ApS

MORTEN'S MALERFIRMA ApS (CVR number: 29621500) is a company from VIBORG. The company recorded a gross profit of 3039 kDKK in 2023. The operating profit was 800.7 kDKK, while net earnings were 246.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 94.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN'S MALERFIRMA ApS's liquidity measured by quick ratio was 4.6 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 834.955 617.782 966.383 124.813 039.04
EBIT750.612 388.83819.101 055.34800.73
Net earnings650.132 032.66792.28343.68246.36
Shareholders equity total25 970.9328 003.5828 795.8729 139.5529 385.90
Balance sheet total (assets)28 002.0630 162.0030 641.5430 604.8931 089.26
Net debt-2 974.17-5 520.03-6 026.15-5 926.63-6 724.74
Profitability
EBIT-%
ROA3.0 %8.9 %3.4 %4.0 %3.4 %
ROE2.5 %7.5 %2.8 %1.2 %0.8 %
ROI3.2 %9.5 %3.6 %4.2 %3.5 %
Economic value added (EVA)- 452.71746.52- 480.87- 321.48- 597.93
Solvency
Equity ratio92.7 %92.8 %94.0 %95.2 %94.5 %
Gearing1.9 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.13.33.74.94.6
Current ratio2.13.43.74.94.7
Cash and cash equivalents3 464.975 723.156 026.155 926.636 724.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:3.35%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.5%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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