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

POVL MORTENSEN AUTOMOBILER. HJØRRING ApS (CVR number: 52586917) is a company from HJØRRING. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a decline of -44.2 % compared to the previous year. The operating profit percentage was at 461.5 % (EBIT: 3 mDKK), while net earnings were 2694.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.8 %, which can be considered excellent and Return on Equity (ROE) was 33 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.3 %, 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 3.6 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.