MORTEN TORP HOLDING ApS — Credit Rating and Financial Key Figures

MORTEN TORP HOLDING ApS (CVR number: 35409599) is a company from AALBORG. The company recorded a gross profit of 678 kDKK in 2023. The operating profit was 678 kDKK, while net earnings were 528.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.3 %, which can be considered excellent and Return on Equity (ROE) was 32.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 6 %, 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. MORTEN TORP HOLDING ApS's liquidity measured by quick ratio was 29.1 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.