MORTEN REDIN HOLDING ApS — Credit Rating and Financial Key Figures

MORTEN REDIN HOLDING ApS (CVR number: 29688052) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of -97.3 kDKK in 2023. The operating profit was -97.3 kDKK, while net earnings were 919.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.6 %, which can be considered excellent and Return on Equity (ROE) was 15.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN REDIN HOLDING ApS's liquidity measured by quick ratio was 138.7 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.