MORTEN SMED HOLDING ApS — Credit Rating and Financial Key Figures

MORTEN SMED HOLDING ApS (CVR number: 29932328) is a company from ASSENS. The company reported a net sales of 2.5 mDKK in 2023, demonstrating a growth of 91.2 % compared to the previous year. The operating profit percentage was at 99.7 % (EBIT: 2.5 mDKK), while net earnings were 2582.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.9 %, which can be considered excellent and Return on Equity (ROE) was 19.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN SMED HOLDING ApS's liquidity measured by quick ratio was 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.