MORTEN SOMMER HOLDING A/S — Credit Rating and Financial Key Figures

MORTEN SOMMER HOLDING A/S (CVR number: 29850380K) is a company from SKANDERBORG. The company recorded a gross profit of 39.2 mDKK in 2022. The operating profit was 6756 kDKK, while net earnings were 1130.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good but Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 81.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN SOMMER HOLDING A/S's liquidity measured by quick ratio was 7.5 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.