Mortensen & Meldgaard Aps — Credit Rating and Financial Key Figures

Mortensen & Meldgaard Aps (CVR number: 44106302) is a company from RANDERS. The company recorded a gross profit of 33 kDKK in 2023. The operating profit was 33 kDKK, while net earnings were 24.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.3 %, which can be considered excellent and Return on Equity (ROE) was 38.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Mortensen & Meldgaard Aps's liquidity measured by quick ratio was 2.2 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.