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THOMAS MORTENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31066581
Langgade 36, 9000 Aalborg
Free credit report Annual report

Company information

Official name
THOMAS MORTENSEN HOLDING ApS
Established
2007
Company form
Private limited company
Industry

About THOMAS MORTENSEN HOLDING ApS

THOMAS MORTENSEN HOLDING ApS (CVR number: 31066581) is a company from AALBORG. The company reported a net sales of 1.7 mDKK in 2024, demonstrating a growth of 287.4 % compared to the previous year. The operating profit percentage was at 99.3 % (EBIT: 1.7 mDKK), while net earnings were 1676.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.1 %, which can be considered excellent and Return on Equity (ROE) was 35.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THOMAS MORTENSEN HOLDING ApS's liquidity measured by quick ratio was 244.4 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 313.55589.28260.12438.341 698.31
Gross profit1 307.48582.32249.70429.991 686.60
EBIT1 307.48582.32249.70429.991 686.60
Net earnings1 601.46813.77310.39585.061 676.62
Shareholders equity total4 418.175 031.945 142.334 227.395 204.01
Balance sheet total (assets)4 518.685 038.195 148.584 236.315 212.93
Net debt-1 972.16-3 145.18-3 530.92-2 424.35-2 117.86
Profitability
EBIT-%99.5 %98.8 %96.0 %98.1 %99.3 %
ROA44.6 %18.7 %7.5 %13.3 %38.1 %
ROE43.1 %17.2 %6.1 %12.5 %35.6 %
ROI45.4 %19.0 %7.5 %13.4 %38.2 %
Economic value added (EVA)1 092.63317.62-14.17143.201 480.37
Solvency
Equity ratio97.8 %99.9 %99.9 %99.8 %99.8 %
Gearing
Relative net indebtedness %-142.5 %-532.7 %-1355.0 %-551.0 %-124.2 %
Liquidity
Quick ratio19.6504.4568.4274.9244.4
Current ratio19.6504.4568.4274.9244.4
Cash and cash equivalents1 972.163 145.183 530.922 424.352 117.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %69.1 %282.1 %489.7 %37.8 %4.4 %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:38.1%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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