MAX & MARTIN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MAX & MARTIN ApS
MAX & MARTIN ApS (CVR number: 30721012) is a company from FREDERIKSSUND. The company recorded a gross profit of 351 kDKK in 2023. The operating profit was -1104.8 kDKK, while net earnings were -101.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MAX & MARTIN ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 5 417.00 | 7 130.00 | 5 132.00 | 3 559.27 | 350.98 |
EBIT | 5 310.00 | 5 942.00 | 3 406.00 | 2 621.80 | -1 104.85 |
Net earnings | 7 421.00 | 11 202.00 | 3 575.00 | 2 929.17 | - 101.29 |
Shareholders equity total | 58 924.00 | 44 885.00 | 48 460.00 | 51 389.64 | 51 288.35 |
Balance sheet total (assets) | 95 478.00 | 82 236.00 | 90 408.00 | 97 349.86 | 99 147.27 |
Net debt | 24 822.00 | 28 726.00 | 35 324.00 | 34 073.89 | 36 914.42 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.5 % | 18.7 % | 8.9 % | 4.9 % | 1.2 % |
ROE | 13.4 % | 21.6 % | 7.7 % | 5.9 % | -0.2 % |
ROI | 13.4 % | 23.8 % | 12.3 % | 6.0 % | 1.3 % |
Economic value added (EVA) | 1 283.57 | 340.23 | - 583.32 | -1 088.08 | -4 233.21 |
Solvency | |||||
Equity ratio | 61.7 % | 54.6 % | 53.6 % | 52.8 % | 52.0 % |
Gearing | 44.3 % | 64.4 % | 73.9 % | 66.5 % | 72.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.6 | 0.6 | 0.5 | 0.5 |
Current ratio | 2.4 | 1.7 | 1.9 | 1.8 | 1.8 |
Cash and cash equivalents | 1 261.00 | 173.00 | 471.00 | 78.82 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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