Maler Mogensen ApS — Credit Rating and Financial Key Figures

Maler Mogensen ApS (CVR number: 39514591) is a company from HERNING. The company recorded a gross profit of 389.4 kDKK in 2019. The operating profit was 19.2 kDKK, while net earnings were 13 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was 16.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Maler Mogensen ApS's liquidity measured by quick ratio was 1.3 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.