MORTENSEN & ØSTBERG VVS A/S

CVR number: 15353171
Rundinsvej 50, 3200 Helsinge
tel: 48794466

Credit rating

Company information

Official name
MORTENSEN & ØSTBERG VVS A/S
Personnel
5 persons
Established
1991
Company form
Limited company
Industry
  • Expand more icon43Specialised construction activities

About MORTENSEN & ØSTBERG VVS A/S

MORTENSEN & ØSTBERG VVS A/S (CVR number: 15353171) is a company from GRIBSKOV. The company recorded a gross profit of 2946.6 kDKK in 2023. The operating profit was 247.8 kDKK, while net earnings were 121.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak and Return on Equity (ROE) was 4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 47.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MORTENSEN & ØSTBERG VVS A/S's liquidity measured by quick ratio was 1.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit5 624.104 037.583 430.702 293.002 946.56
EBIT1 569.30638.70271.77- 314.07247.85
Net earnings1 208.89462.18163.32- 300.44121.20
Shareholders equity total4 167.493 629.673 292.992 992.553 113.75
Balance sheet total (assets)7 950.388 227.587 056.096 670.526 548.72
Net debt314.321 967.841 565.971 494.71626.68
Profitability
EBIT-%
ROA20.9 %8.1 %3.6 %-4.6 %3.7 %
ROE27.4 %11.9 %4.7 %-9.6 %4.0 %
ROI27.9 %10.8 %4.9 %-6.0 %5.2 %
Economic value added (EVA)1 005.99360.6840.98- 382.7562.64
Solvency
Equity ratio52.4 %44.1 %46.7 %44.9 %47.5 %
Gearing41.9 %59.4 %64.5 %63.0 %45.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.71.81.71.9
Current ratio2.21.81.81.81.9
Cash and cash equivalents1 430.75187.66559.16392.02801.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:3.75%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.5%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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