Entreprenørfirmaet Michael Mortensen ApS — Credit Rating and Financial Key Figures

CVR number: 41181826
Hjulskovvej 120, 9740 Jerslev J
brdr.mortensen.jerslev@gmail.com
tel: 60669537

Credit rating

Company information

Official name
Entreprenørfirmaet Michael Mortensen ApS
Personnel
2 persons
Established
2020
Company form
Private limited company
Industry

About Entreprenørfirmaet Michael Mortensen ApS

Entreprenørfirmaet Michael Mortensen ApS (CVR number: 41181826) is a company from Brønderslev. The company recorded a gross profit of 958.4 kDKK in 2024. The operating profit was 80.3 kDKK, while net earnings were 62 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 85.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Entreprenørfirmaet Michael Mortensen ApS's liquidity measured by quick ratio was 3.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 251.851 144.723 643.541 493.06958.43
EBIT494.8699.571 881.8538.3580.27
Net earnings394.9155.741 460.1727.7761.97
Shareholders equity total434.91490.641 950.811 978.581 290.55
Balance sheet total (assets)877.66728.052 716.372 460.681 510.95
Net debt- 475.44- 313.51-1 233.24-1 001.15- 422.29
Profitability
EBIT-%
ROA56.4 %12.4 %109.3 %1.5 %4.1 %
ROE90.8 %12.0 %119.6 %1.4 %3.8 %
ROI113.8 %21.3 %152.5 %1.9 %4.9 %
Economic value added (EVA)397.0564.251 457.83-8.2312.67
Solvency
Equity ratio49.6 %67.4 %71.8 %80.4 %85.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.31.52.22.93.5
Current ratio1.31.52.22.93.5
Cash and cash equivalents475.44313.511 233.241 001.15422.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.06%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.4%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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