MORTEN LARSEN HOLDING, HJØRRING ApS — Credit Rating and Financial Key Figures

MORTEN LARSEN HOLDING, HJØRRING ApS (CVR number: 36202165) is a company from HJØRRING. The company recorded a gross profit of -7.3 kDKK in 2024. The operating profit was -7.3 kDKK, while net earnings were 398.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.5 %, which can be considered excellent and Return on Equity (ROE) was 54.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.6 %, 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. MORTEN LARSEN HOLDING, HJØRRING ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.