MORTEN KNUDSEN STÅL OG MASKINTEKNIK ApS — Credit Rating and Financial Key Figures

MORTEN KNUDSEN STÅL OG MASKINTEKNIK ApS (CVR number: 31185874) is a company from NORDDJURS. The company recorded a gross profit of 21.5 mDKK in 2023. The operating profit was 3028.7 kDKK, while net earnings were 2371.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, which can be considered excellent and Return on Equity (ROE) was 23.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.2 %, 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. MORTEN KNUDSEN STÅL OG MASKINTEKNIK ApS's liquidity measured by quick ratio was 2.1 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.