BRØDRENE MORTENSEN OLIE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 1 924.00 | 3 484.00 | - 785.00 | 5 416.00 | 7 405.24 |
Shareholders equity total | 13 240.00 | 16 613.00 | 15 715.00 | 21 017.00 | 19 797.41 |
Balance sheet total (assets) | 13 430.00 | 17 586.00 | 15 769.00 | 22 131.00 | 23 295.51 |
Net debt | -13 430.00 | -17 586.00 | -15 687.00 | -22 131.00 | -22 225.89 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.5 % | 28.9 % | -0.1 % | 35.6 % | 41.9 % |
ROE | 15.6 % | 23.3 % | -4.9 % | 29.5 % | 36.3 % |
ROI | 17.7 % | 30.0 % | -0.1 % | 36.7 % | 45.4 % |
Economic value added (EVA) | - 411.47 | - 309.38 | - 326.11 | - 319.43 | - 454.40 |
Solvency | |||||
Equity ratio | 98.6 % | 94.5 % | 99.7 % | 95.0 % | 85.0 % |
Gearing | 5.4 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 70.7 | 18.1 | 292.0 | 19.9 | 15.2 |
Current ratio | 70.7 | 18.1 | 292.0 | 19.9 | 15.2 |
Cash and cash equivalents | 13 430.00 | 17 586.00 | 15 687.00 | 22 131.00 | 23 295.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | A |
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