Morten Engebretsen ApS — Credit Rating and Financial Key Figures

Morten Engebretsen ApS (CVR number: 38405969) is a company from HJØRRING. The company recorded a gross profit of 19.1 mDKK in 2024. The operating profit was 13.9 mDKK, while net earnings were 10.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 38.7 %, which can be considered excellent and Return on Equity (ROE) was 64.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Morten Engebretsen ApS's liquidity measured by quick ratio was 1.7 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.