POVL MORTENSEN AUTOMOBILER. HJØRRING ApS — Credit Rating and Financial Key Figures

CVR number: 52586917
Gartnervænget 12, 9760 Vrå
Free credit report Annual report

Credit rating

Company information

Official name
POVL MORTENSEN AUTOMOBILER. HJØRRING ApS
Personnel
2 persons
Established
1975
Company form
Private limited company
Industry

About POVL MORTENSEN AUTOMOBILER. HJØRRING ApS

POVL MORTENSEN AUTOMOBILER. HJØRRING ApS (CVR number: 52586917) is a company from HJØRRING. The company reported a net sales of 0.3 mDKK in 2024, demonstrating a decline of -52.8 % compared to the previous year. The operating profit percentage was poor at -169.7 % (EBIT: -0.5 mDKK), while net earnings were -35.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. POVL MORTENSEN AUTOMOBILER. HJØRRING ApS's liquidity measured by quick ratio was 44.5 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 097.861 105.701 148.84640.68302.70
Gross profit1 097.861 105.701 148.84640.68302.70
EBIT267.02230.94235.652 956.85- 513.74
Net earnings113.83119.77117.352 694.76-35.69
Shareholders equity total6 581.826 701.596 818.949 513.708 978.01
Balance sheet total (assets)12 995.6212 358.7312 140.5411 561.519 134.77
Net debt3 313.823 100.562 613.79-5 995.88-3 446.35
Profitability
EBIT-%24.3 %20.9 %20.5 %461.5 %-169.7 %
ROA2.7 %2.5 %2.7 %26.8 %-0.3 %
ROE1.7 %1.8 %1.7 %33.0 %-0.4 %
ROI2.8 %2.5 %2.7 %29.4 %-0.3 %
Economic value added (EVA)- 405.47- 464.82- 428.602 024.32-1 138.99
Solvency
Equity ratio50.6 %54.2 %56.2 %82.3 %98.3 %
Gearing71.0 %58.4 %52.4 %0.0 %0.2 %
Relative net indebtedness %316.6 %295.9 %243.3 %-617.6 %-1095.2 %
Liquidity
Quick ratio0.30.20.33.644.5
Current ratio0.40.40.43.949.6
Cash and cash equivalents1 358.91812.40959.935 998.913 465.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-291.2 %-260.0 %-221.8 %813.4 %1456.0 %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-0.27%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.3%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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