Vognmand Kjeld Mortensen ApS — Credit Rating and Financial Key Figures

CVR number: 40573062
Hagelskærvej 14, Studsgård 7400 Herning
kmstudsgaard@mail.dk

Credit rating

Company information

Official name
Vognmand Kjeld Mortensen ApS
Personnel
1 person
Established
2019
Domicile
Studsgård
Company form
Private limited company
Industry

About Vognmand Kjeld Mortensen ApS

Vognmand Kjeld Mortensen ApS (CVR number: 40573062) is a company from HERNING. The company recorded a gross profit of -36.9 kDKK in 2023. The operating profit was -36.9 kDKK, while net earnings were 427.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent and Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Vognmand Kjeld Mortensen ApS's liquidity measured by quick ratio was 30.6 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit539.83337.66-4.60-67.99-36.85
EBIT144.30173.08-98.22-67.99-36.85
Net earnings293.81246.19176.10- 862.06427.77
Shareholders equity total6 391.696 637.886 700.985 724.536 152.29
Balance sheet total (assets)6 512.846 829.566 788.235 897.316 360.43
Net debt-6 353.01-6 685.05-6 786.73-5 877.51-6 342.63
Profitability
EBIT-%
ROA5.8 %4.8 %3.4 %-13.5 %7.0 %
ROE4.6 %3.8 %2.6 %-13.9 %7.2 %
ROI5.9 %4.9 %3.5 %-13.8 %7.2 %
Economic value added (EVA)112.54- 186.80- 410.18- 404.72- 324.51
Solvency
Equity ratio98.1 %97.2 %98.7 %97.1 %96.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio57.236.577.834.130.6
Current ratio57.236.577.834.130.6
Cash and cash equivalents6 353.016 685.056 786.735 877.516 342.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBB

Variable visualization

ROA:6.98%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.7%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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