SVEN MORTENSEN CAND.OECON A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SVEN MORTENSEN CAND.OECON A/S
SVEN MORTENSEN CAND.OECON A/S (CVR number: 81788510) is a company from SLAGELSE. The company recorded a gross profit of 1065.1 kDKK in 2023. The operating profit was 454.2 kDKK, while net earnings were -579.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SVEN MORTENSEN CAND.OECON A/S's liquidity measured by quick ratio was 13.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 596.06 | 637.67 | 1 031.48 | 842.76 | 1 065.06 |
EBIT | -37.74 | 27.74 | 446.13 | - 230.97 | 454.22 |
Net earnings | -29.87 | 3 768.05 | -2 253.08 | 287.31 | - 579.50 |
Shareholders equity total | 24 682.21 | 28 339.66 | 25 973.59 | 26 116.41 | 25 136.90 |
Balance sheet total (assets) | 28 133.92 | 32 263.35 | 28 601.69 | 28 830.48 | 26 982.52 |
Net debt | -8 353.92 | -13 180.00 | -9 718.40 | -10 403.96 | -9 575.92 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.1 % | 16.2 % | 2.2 % | 1.4 % | 2.0 % |
ROE | -0.1 % | 14.2 % | -8.3 % | 1.1 % | -2.3 % |
ROI | 0.1 % | 16.8 % | 2.3 % | 1.4 % | 2.1 % |
Economic value added (EVA) | - 854.93 | - 792.12 | - 406.89 | - 991.39 | - 423.91 |
Solvency | |||||
Equity ratio | 87.7 % | 87.8 % | 90.8 % | 90.6 % | 93.2 % |
Gearing | 4.2 % | 3.2 % | 2.9 % | 2.8 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.8 | 10.8 | 14.1 | 13.8 | 13.4 |
Current ratio | 8.8 | 10.8 | 14.1 | 13.8 | 13.4 |
Cash and cash equivalents | 9 392.10 | 14 081.95 | 10 480.76 | 11 124.77 | 9 576.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | A | A | A |
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