HENRIK MORTENSEN DANMARK ApS — Credit Rating and Financial Key Figures

CVR number: 14133534
Skovagervej 5, Søllerød 2840 Holte
tel: 45661088

Credit rating

Company information

Official name
HENRIK MORTENSEN DANMARK ApS
Established
1990
Domicile
Søllerød
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About HENRIK MORTENSEN DANMARK ApS

HENRIK MORTENSEN DANMARK ApS (CVR number: 14133534) is a company from RUDERSDAL. The company recorded a gross profit of -59.3 kDKK in 2019. The operating profit was -60.4 kDKK, while net earnings were -73.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.3 %, which can be considered poor and Return on Equity (ROE) was -97.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -87 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HENRIK MORTENSEN DANMARK ApS's liquidity measured by quick ratio was 0.1 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016201720182019
Volume
Net sales
Gross profit- 276.88- 492.55- 271.65-59.25
EBIT- 392.31- 570.59- 338.25-60.36
Net earnings- 330.51- 501.69- 350.90-73.50
Shareholders equity total646.0840.99- 309.91- 383.40
Balance sheet total (assets)1 510.60597.9293.7057.41
Net debt- 236.60405.29305.44370.78
Profitability
EBIT-%
ROA-21.5 %-46.6 %-67.2 %-14.3 %
ROE-51.2 %-146.0 %-521.0 %-97.3 %
ROI-31.7 %-63.9 %-80.1 %-15.9 %
Economic value added (EVA)- 392.31- 572.04- 337.00-43.59
Solvency
Equity ratio42.8 %6.9 %-76.8 %-87.0 %
Gearing58.9 %1149.2 %-106.2 %-111.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.10.20.1
Current ratio1.00.10.20.1
Cash and cash equivalents617.0665.7523.7057.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-14.3%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-87.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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