PALLE MOURITSEN TRANSPORT HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About PALLE MOURITSEN TRANSPORT HOLDING ApS
PALLE MOURITSEN TRANSPORT HOLDING ApS (CVR number: 26156033) is a company from HERLEV. The company recorded a gross profit of -119.9 kDKK in 2023. The operating profit was -119.9 kDKK, while net earnings were 460.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.6 %, which can be considered excellent and Return on Equity (ROE) was 31.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.7 %, 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. PALLE MOURITSEN TRANSPORT HOLDING ApS's liquidity measured by quick ratio was 1.2 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -20.62 | -21.45 | -30.25 | -19.95 | - 119.92 |
EBIT | -20.62 | -21.45 | -30.25 | -19.95 | - 119.92 |
Net earnings | 120.85 | 283.54 | 16.45 | 188.71 | 460.08 |
Shareholders equity total | 1 184.57 | 1 338.11 | 1 221.56 | 1 275.77 | 1 666.65 |
Balance sheet total (assets) | 1 232.37 | 1 455.36 | 1 313.95 | 1 447.13 | 3 356.68 |
Net debt | -1 226.67 | -1 454.95 | -1 306.11 | -1 442.70 | -1 725.43 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.2 % | 27.1 % | 1.7 % | 17.8 % | 24.6 % |
ROE | 10.2 % | 22.5 % | 1.3 % | 15.1 % | 31.3 % |
ROI | 12.5 % | 28.8 % | 1.8 % | 19.7 % | 40.1 % |
Economic value added (EVA) | -10.36 | -14.34 | -17.31 | -10.93 | -85.13 |
Solvency | |||||
Equity ratio | 96.1 % | 91.9 % | 93.0 % | 88.2 % | 49.7 % |
Gearing | 0.5 % | 0.0 % | 0.5 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 25.8 | 12.4 | 14.2 | 8.4 | 1.2 |
Current ratio | 25.8 | 12.4 | 14.2 | 8.4 | 1.2 |
Cash and cash equivalents | 1 232.11 | 1 455.36 | 1 312.52 | 1 442.70 | 1 725.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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