Mortensens Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mortensens Holding ApS
Mortensens Holding ApS (CVR number: 36902930) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -15.2 kDKK in 2024. The operating profit was -15.2 kDKK, while net earnings were 572.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good but Return on Equity (ROE) was 16.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.7 %, 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. Mortensens Holding ApS's liquidity measured by quick ratio was 2.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -9.10 | -13.56 | -12.35 | -13.46 | -15.21 |
EBIT | -9.10 | -13.56 | -12.35 | -13.46 | -15.21 |
Net earnings | 394.63 | 1 091.82 | 619.20 | 456.14 | 572.60 |
Shareholders equity total | 1 452.78 | 2 431.60 | 2 936.80 | 3 275.13 | 3 725.74 |
Balance sheet total (assets) | 2 068.87 | 2 438.02 | 3 034.99 | 3 475.92 | 6 142.29 |
Net debt | 154.25 | -44.70 | - 261.41 | -14.01 | - 420.82 |
Profitability | |||||
EBIT-% | |||||
ROA | 22.4 % | 45.2 % | 23.0 % | 14.6 % | 12.7 % |
ROE | 30.1 % | 56.2 % | 23.1 % | 14.7 % | 16.4 % |
ROI | 22.2 % | 50.1 % | 23.4 % | 15.3 % | 17.4 % |
Economic value added (EVA) | -88.74 | - 112.50 | - 131.81 | - 158.03 | - 176.39 |
Solvency | |||||
Equity ratio | 70.2 % | 99.7 % | 96.8 % | 94.2 % | 60.7 % |
Gearing | 40.0 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 305.2 | 26.5 | 15.2 | 2.4 |
Current ratio | 2.6 | 305.2 | 26.5 | 15.2 | 2.4 |
Cash and cash equivalents | 427.14 | 44.70 | 261.41 | 14.01 | 420.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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