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MORTEN MANDØE ApS — Credit Rating and Financial Key Figures

CVR number: 35833021
Kirkegade 39, 6700 Esbjerg
info@mortenmandoe.dk
tel: 21730088
Free credit report Annual report

Credit rating

Company information

Official name
MORTEN MANDØE ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry

About MORTEN MANDØE ApS

MORTEN MANDØE ApS (CVR number: 35833021) is a company from ESBJERG. The company recorded a gross profit of 426.7 kDKK in 2025. The operating profit was 246.7 kDKK, while net earnings were 194 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.2 %, which can be considered excellent and Return on Equity (ROE) was 23 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN MANDØE ApS's liquidity measured by quick ratio was 10.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit735.4278.1859.43485.15426.69
EBIT332.90- 281.98-11.25285.46246.69
Net earnings278.55- 209.152.64219.97193.98
Shareholders equity total1 234.68775.53778.17998.14692.12
Balance sheet total (assets)1 634.22872.17904.491 311.22830.37
Net debt- 476.31- 127.13- 136.00- 743.43- 480.37
Profitability
EBIT-%
ROA23.4 %-20.4 %1.0 %25.8 %23.2 %
ROE22.8 %-20.8 %0.3 %24.8 %23.0 %
ROI28.0 %-24.0 %1.0 %31.0 %29.1 %
Economic value added (EVA)192.64- 285.98-53.52178.75141.60
Solvency
Equity ratio75.6 %88.9 %86.0 %76.1 %83.4 %
Gearing4.4 %7.0 %6.5 %
Relative net indebtedness %
Liquidity
Quick ratio4.09.67.45.310.8
Current ratio4.09.67.45.310.8
Cash and cash equivalents530.56181.73186.47743.43480.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:23.2%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:83.4%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
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