Mormors Pølsevogn ApS — Credit Rating and Financial Key Figures

Mormors Pølsevogn ApS (CVR number: 40956131) is a company from VARDE. The company recorded a gross profit of 464.5 kDKK in 2023. The operating profit was 23.4 kDKK, while net earnings were -8.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was -5.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -43.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Mormors Pølsevogn ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.