Morten Thams A/S — Credit Rating and Financial Key Figures

Morten Thams A/S (CVR number: 43361813) is a company from ESBJERG. The company recorded a gross profit of 2337.2 kDKK in 2023. The operating profit was 2120.1 kDKK, while net earnings were 1066.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 13.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 26.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Morten Thams A/S's liquidity measured by quick ratio was 1.6 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.