Vognmand Morten Skovby ApS — Credit Rating and Financial Key Figures

Vognmand Morten Skovby ApS (CVR number: 40201424) is a company from MIDDELFART. The company recorded a gross profit of 381 kDKK in 2023. The operating profit was -131.8 kDKK, while net earnings were -152.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.3 %, which can be considered poor and Return on Equity (ROE) was -30.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.1 %, 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. Vognmand Morten Skovby ApS's liquidity measured by quick ratio was 1.1 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.