CP MORTENSEN ApS — Credit Rating and Financial Key Figures

CVR number: 32338879
Teglvænget 131, 7400 Herning
pm@cpmortensen.dk
tel: 23845550

Credit rating

Company information

Official name
CP MORTENSEN ApS
Personnel
2 persons
Established
2013
Company form
Private limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About CP MORTENSEN ApS

CP MORTENSEN ApS (CVR number: 32338879) is a company from HERNING. The company recorded a gross profit of 1498.4 kDKK in 2023. The operating profit was 505.8 kDKK, while net earnings were 383.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good but Return on Equity (ROE) was 18.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. CP MORTENSEN ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 115.241 453.291 811.461 662.501 498.36
EBIT501.26589.68788.46622.95505.84
Net earnings375.91448.42600.55476.52383.55
Shareholders equity total1 877.591 926.022 126.562 203.091 986.63
Balance sheet total (assets)3 211.573 357.353 959.034 265.924 008.18
Net debt241.75436.45- 152.33104.49-75.47
Profitability
EBIT-%
ROA15.0 %18.1 %21.6 %15.3 %12.2 %
ROE19.9 %23.6 %29.6 %22.0 %18.3 %
ROI19.0 %23.3 %29.2 %21.2 %16.9 %
Economic value added (EVA)295.98354.01496.74392.48293.06
Solvency
Equity ratio58.5 %57.4 %53.7 %51.6 %49.6 %
Gearing27.8 %25.5 %27.3 %32.7 %40.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.30.80.70.7
Current ratio3.22.62.22.22.0
Cash and cash equivalents279.3653.89733.26614.89877.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:12.2%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.6%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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