Smedefirmaet Lars Mortensen ApS — Credit Rating and Financial Key Figures

CVR number: 37609625
Ulstedvej 10, 9330 Dronninglund
lsm@smedefirmaet.com
tel: 30636143

Credit rating

Company information

Official name
Smedefirmaet Lars Mortensen ApS
Personnel
2 persons
Established
2016
Company form
Private limited company
Industry

About Smedefirmaet Lars Mortensen ApS

Smedefirmaet Lars Mortensen ApS (CVR number: 37609625) is a company from Brønderslev. The company recorded a gross profit of 1962.4 kDKK in 2024. The operating profit was 737.2 kDKK, while net earnings were 574.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.6 %, which can be considered excellent and Return on Equity (ROE) was 79 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.1 %, 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. Smedefirmaet Lars Mortensen ApS's liquidity measured by quick ratio was 1.1 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.

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 684.062 195.071 553.371 808.141 962.38
EBIT709.11845.55591.41843.29737.19
Net earnings536.56630.22457.47656.73574.83
Shareholders equity total651.22731.44558.91765.64690.47
Balance sheet total (assets)2 298.272 779.861 786.612 281.112 543.28
Net debt674.25181.02334.6990.80- 261.88
Profitability
EBIT-%
ROA33.8 %33.3 %25.9 %41.5 %30.6 %
ROE66.0 %91.2 %70.9 %99.2 %79.0 %
ROI48.1 %53.6 %44.8 %62.3 %46.2 %
Economic value added (EVA)542.33637.14447.64640.76567.29
Solvency
Equity ratio28.3 %26.3 %31.3 %33.6 %27.1 %
Gearing145.7 %88.3 %100.0 %92.5 %130.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.11.11.21.1
Current ratio1.21.21.31.41.2
Cash and cash equivalents274.44464.63224.16617.291 160.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:30.6%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.1%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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