MORTEN ERIKSEN INVESTMENTS ApS — Credit Rating and Financial Key Figures

CVR number: 36055847
Marselis Boulevard 1 B, 8000 Aarhus C
morten@aarhusmaeglerne.dk
tel: 51946829

Company information

Official name
MORTEN ERIKSEN INVESTMENTS ApS
Established
2014
Company form
Private limited company
Industry

About MORTEN ERIKSEN INVESTMENTS ApS

MORTEN ERIKSEN INVESTMENTS ApS (CVR number: 36055847) is a company from AARHUS. The company reported a net sales of 0.8 mDKK in 2023. The operating profit percentage was at 98.9 % (EBIT: 0.8 mDKK), while net earnings were 867.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.1 %, which can be considered excellent and Return on Equity (ROE) was 35.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MORTEN ERIKSEN INVESTMENTS ApS's liquidity measured by quick ratio was 2.5 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.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales566.75475.51- 438.20803.29
Gross profit565.45467.51- 445.95-8.56794.12
EBIT565.45467.51- 445.95-8.56794.12
Net earnings565.59475.64- 415.4923.72867.75
Shareholders equity total2 154.412 519.451 990.962 014.672 882.43
Balance sheet total (assets)2 341.712 525.391 995.962 032.614 280.67
Net debt-1 626.38- 961.37-19.76-43.221 302.15
Profitability
EBIT-%99.8 %98.3 %98.9 %
ROA26.4 %20.0 %-18.0 %1.5 %28.1 %
ROE29.4 %20.4 %-18.4 %1.2 %35.4 %
ROI29.2 %20.7 %-18.1 %1.5 %28.3 %
Economic value added (EVA)622.13470.13- 501.17- 105.74678.71
Solvency
Equity ratio92.0 %99.8 %99.7 %99.1 %67.3 %
Gearing1.1 %0.0 %47.7 %
Relative net indebtedness %-258.1 %-201.1 %3.4 %165.0 %
Liquidity
Quick ratio9.7249.110.09.52.5
Current ratio9.7249.110.09.52.5
Cash and cash equivalents1 650.00962.3119.7643.2272.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %286.1 %309.8 %-10.2 %264.5 %
Credit risk
Credit ratingAABBAA

Variable visualization

ROA:28.1%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.3%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.