Marvin Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Marvin Holding ApS
Marvin Holding ApS (CVR number: 37937630) is a company from AALBORG. The company recorded a gross profit of -161.2 kDKK in 2023. The operating profit was -905.8 kDKK, while net earnings were 34.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 44 %, 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. Marvin Holding ApS's liquidity measured by quick ratio was 0.6 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 | 610.78 | 167.55 | - 528.31 | - 166.09 | - 161.22 |
EBIT | - 337.87 | - 581.46 | -1 290.57 | - 598.90 | - 905.76 |
Net earnings | 2 448.15 | -52.91 | 176.46 | 2 170.99 | 34.94 |
Shareholders equity total | 3 480.73 | 2 527.82 | 2 704.27 | 4 875.26 | 3 510.20 |
Balance sheet total (assets) | 7 808.04 | 3 999.39 | 5 488.63 | 8 902.49 | 7 974.45 |
Net debt | - 652.81 | - 376.28 | 1 111.68 | - 113.47 | -2 061.89 |
Profitability | |||||
EBIT-% | |||||
ROA | 40.5 % | -0.8 % | 4.9 % | 31.7 % | 4.4 % |
ROE | 107.9 % | -1.8 % | 6.7 % | 57.3 % | 0.8 % |
ROI | 100.8 % | -1.5 % | 7.0 % | 50.9 % | 8.8 % |
Economic value added (EVA) | -75.65 | - 327.21 | -1 250.66 | - 378.07 | - 864.81 |
Solvency | |||||
Equity ratio | 44.6 % | 63.2 % | 49.3 % | 54.8 % | 44.0 % |
Gearing | 0.9 % | 1.7 % | 51.2 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 1.2 | 0.8 | 28.1 | 0.6 |
Current ratio | 0.2 | 1.2 | 0.8 | 28.1 | 0.6 |
Cash and cash equivalents | 685.85 | 419.55 | 271.61 | 113.47 | 2 061.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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