MAX MORTENSEN & CO. HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MAX MORTENSEN & CO. HOLDING ApS
MAX MORTENSEN & CO. HOLDING ApS (CVR number: 25394992) is a company from ODENSE. The company recorded a gross profit of -104.8 kDKK in 2023. The operating profit was -104.8 kDKK, while net earnings were 166.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MAX MORTENSEN & CO. HOLDING ApS's liquidity measured by quick ratio was 97.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -6.12 | -16.96 | -37.73 | -36.42 | - 104.75 |
EBIT | -6.12 | -16.96 | -37.73 | -36.42 | - 104.75 |
Net earnings | 350.25 | 793.64 | - 547.55 | 316.51 | 166.92 |
Shareholders equity total | 10 299.53 | 10 871.97 | 10 098.42 | 10 186.13 | 10 117.45 |
Balance sheet total (assets) | 10 305.28 | 10 982.45 | 10 127.70 | 10 191.88 | 10 123.20 |
Net debt | - 625.26 | - 217.89 | - 325.16 | - 283.96 | -38.87 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.4 % | 8.8 % | -0.4 % | 3.2 % | 3.8 % |
ROE | 3.4 % | 7.5 % | -5.2 % | 3.1 % | 1.6 % |
ROI | 3.4 % | 8.9 % | -0.4 % | 3.2 % | 3.8 % |
Economic value added (EVA) | - 119.39 | - 107.76 | - 158.40 | - 244.61 | - 311.01 |
Solvency | |||||
Equity ratio | 99.9 % | 99.0 % | 99.7 % | 99.9 % | 99.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 136.2 | 3.1 | 16.5 | 90.8 | 97.8 |
Current ratio | 136.2 | 3.1 | 16.5 | 90.8 | 97.8 |
Cash and cash equivalents | 625.26 | 217.89 | 325.16 | 283.96 | 38.87 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | A | A | A |
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