Mortens Busser ApS — Credit Rating and Financial Key Figures

CVR number: 36735325
Tingstedvej 45, Hjorthede 8850 Bjerringbro
morten@mortensbusser.dk
tel: 86686157
www.mortensbusser.dk

Credit rating

Company information

Official name
Mortens Busser ApS
Personnel
48 persons
Established
2015
Domicile
Hjorthede
Company form
Private limited company
Industry

About Mortens Busser ApS

Mortens Busser ApS (CVR number: 36735325) is a company from VIBORG. The company recorded a gross profit of 13.2 mDKK in 2024. The operating profit was 2406.8 kDKK, while net earnings were 1240.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good but Return on Equity (ROE) was 60.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Mortens Busser ApS's liquidity measured by quick ratio was 0.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 205.946 050.587 550.389 820.2113 165.18
EBIT-13.08850.44- 201.321 130.612 406.80
Net earnings- 135.57480.37- 383.28501.661 240.93
Shareholders equity total825.781 306.14922.861 424.532 665.46
Balance sheet total (assets)7 187.5610 720.3010 330.6714 185.7822 827.01
Net debt3 911.706 104.835 822.874 162.076 207.19
Profitability
EBIT-%
ROA-0.2 %9.5 %-1.9 %9.2 %13.0 %
ROE-15.2 %45.1 %-34.4 %42.7 %60.7 %
ROI-0.3 %11.7 %-2.5 %12.6 %16.9 %
Economic value added (EVA)- 133.31491.09- 402.62661.831 696.80
Solvency
Equity ratio11.5 %12.2 %8.9 %10.0 %11.7 %
Gearing489.5 %467.4 %631.0 %292.2 %232.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.70.40.50.8
Current ratio0.40.70.40.50.8
Cash and cash equivalents130.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:13.0%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.7%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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