Mortensen B2B ApS — Credit Rating and Financial Key Figures

Mortensen B2B ApS (CVR number: 34203555) is a company from GENTOFTE. The company reported a net sales of 0.3 mDKK in 2019, demonstrating a decline of -22.9 % compared to the previous year. The operating profit percentage was at 8.3 % (EBIT: 0 mDKK), while net earnings were 22.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40 %, which can be considered excellent and Return on Equity (ROE) was 69 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.9 %, 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. Mortensen B2B 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.