Malermester Morten Søndergaard ApS — Credit Rating and Financial Key Figures

Malermester Morten Søndergaard ApS (CVR number: 36712392) is a company from FREDERIKSSUND. The company recorded a gross profit of 547 kDKK in 2023. The operating profit was 29.1 kDKK, while net earnings were 25 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.8 %, which can be considered good but Return on Equity (ROE) was 27.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Malermester Morten Søndergaard ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.