BRØDRENE MORTENSEN OLIE A/S — Credit Rating and Financial Key Figures

CVR number: 48234917
Schweizerdalstien 75, 2610 Rødovre

Company information

Official name
BRØDRENE MORTENSEN OLIE A/S
Personnel
1 person
Established
1973
Company form
Limited company
Industry

About BRØDRENE MORTENSEN OLIE A/S

BRØDRENE MORTENSEN OLIE A/S (CVR number: 48234917) is a company from RØDOVRE. The company recorded a gross profit of -54.4 kDKK in 2023. The operating profit was -654.4 kDKK, while net earnings were 7405.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.9 %, which can be considered excellent and Return on Equity (ROE) was 36.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BRØDRENE MORTENSEN OLIE A/S's liquidity measured by quick ratio was 15.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 108.00- 107.00-75.00-96.00-54.40
EBIT- 462.00- 409.00- 375.00- 396.00- 654.40
Net earnings1 924.003 484.00- 785.005 416.007 405.24
Shareholders equity total13 240.0016 613.0015 715.0021 017.0019 797.41
Balance sheet total (assets)13 430.0017 586.0015 769.0022 131.0023 295.51
Net debt-13 430.00-17 586.00-15 687.00-22 131.00-22 225.89
Profitability
EBIT-%
ROA17.5 %28.9 %-0.1 %35.6 %41.9 %
ROE15.6 %23.3 %-4.9 %29.5 %36.3 %
ROI17.7 %30.0 %-0.1 %36.7 %45.4 %
Economic value added (EVA)- 411.47- 309.38- 326.11- 319.43- 454.40
Solvency
Equity ratio98.6 %94.5 %99.7 %95.0 %85.0 %
Gearing5.4 %
Relative net indebtedness %
Liquidity
Quick ratio70.718.1292.019.915.2
Current ratio70.718.1292.019.915.2
Cash and cash equivalents13 430.0017 586.0015 687.0022 131.0023 295.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:41.9%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.0%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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