Mmortensen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40219056
Østervænget 31, 8381 Tilst

Company information

Official name
Mmortensen Holding ApS
Established
2019
Company form
Private limited company
Industry

About Mmortensen Holding ApS

Mmortensen Holding ApS (CVR number: 40219056) is a company from AARHUS. The company recorded a gross profit of -0.4 kDKK in 2023. The operating profit was -0.4 kDKK, while net earnings were 1838.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 114.8 %, which can be considered excellent and Return on Equity (ROE) was 116.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.9 %, 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. Mmortensen Holding ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit-0.35
EBIT-0.35
Net earnings0.40764.55943.951 359.051 838.87
Shareholders equity total155.53920.081 454.031 253.081 911.96
Balance sheet total (assets)155.641 155.352 103.581 672.762 423.88
Net debt101.27- 445.73- 461.32- 230.21- 260.28
Profitability
EBIT-%
ROA0.7 %152.6 %74.2 %95.3 %114.8 %
ROE0.3 %142.2 %79.5 %100.4 %116.2 %
ROI0.4 %169.5 %89.3 %118.4 %148.5 %
Economic value added (EVA)0.011.77-7.56-16.95
Solvency
Equity ratio99.9 %79.6 %69.1 %74.9 %78.9 %
Gearing67.1 %22.9 %0.1 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio28.32.72.50.60.8
Current ratio28.32.72.50.60.8
Cash and cash equivalents3.14445.73793.95231.01261.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:114.8%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.9%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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