MORTENSEN & ØSTBERG VVS A/S — Credit Rating and Financial Key Figures

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

Company information

Official name
MORTENSEN & ØSTBERG VVS A/S
Personnel
6 persons
Established
1991
Company form
Limited company
Industry

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 4017.8 kDKK in 2024. The operating profit was 824 kDKK, while net earnings were 576.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.1 %, which can be considered good but Return on Equity (ROE) was 16.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.5 %, 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 2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 037.583 430.702 293.002 946.564 017.76
EBIT638.70271.77- 314.07247.85823.99
Net earnings462.18163.32- 300.44121.20576.12
Shareholders equity total3 629.673 292.992 992.553 113.753 689.87
Balance sheet total (assets)8 227.587 056.096 670.526 548.727 021.89
Net debt1 967.841 565.971 494.71626.68871.67
Profitability
EBIT-%
ROA8.1 %3.6 %-4.6 %3.7 %12.1 %
ROE11.9 %4.7 %-9.6 %4.0 %16.9 %
ROI10.8 %4.9 %-6.0 %5.2 %16.9 %
Economic value added (EVA)199.16-78.74- 520.35-53.39410.62
Solvency
Equity ratio44.1 %46.7 %44.9 %47.5 %52.5 %
Gearing59.4 %64.5 %63.0 %45.9 %36.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.81.71.92.0
Current ratio1.81.81.81.92.1
Cash and cash equivalents187.66559.16392.02801.87484.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBA

Variable visualization

ROA:12.1%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.5%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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