Mortensen & Nielsen ApS — Credit Rating and Financial Key Figures

Mortensen & Nielsen ApS (CVR number: 35631763) is a company from HELSINGØR. The company recorded a gross profit of 744.2 kDKK in 2024. The operating profit was -946.3 kDKK, while net earnings were 460.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor but Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 25 %, 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. Mortensen & Nielsen ApS's liquidity measured by quick ratio was 1.3 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.