KARSTEN MORTENSEN VVS ApS — Credit Rating and Financial Key Figures

KARSTEN MORTENSEN VVS ApS (CVR number: 27059988) is a company from GLADSAXE. The company recorded a gross profit of 63.7 kDKK in 2019. The operating profit was 54 kDKK, while net earnings were 44 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.6 %, which can be considered excellent and Return on Equity (ROE) was 52.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KARSTEN MORTENSEN VVS ApS's liquidity measured by quick ratio was 3.9 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.