Martin G Larsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Martin G Larsen Holding ApS
Martin G Larsen Holding ApS (CVR number: 38452231) is a company from FREDERIKSSUND. The company recorded a gross profit of -6.2 kDKK in 2023. The operating profit was -6.2 kDKK, while net earnings were 108.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.9 %, which can be considered excellent and Return on Equity (ROE) was 49.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Martin G Larsen Holding ApS's liquidity measured by quick ratio was 4.7 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -6.25 | ||||
EBIT | -6.25 | ||||
Net earnings | 128.31 | 104.47 | 36.42 | 98.46 | 108.70 |
Shareholders equity total | 124.31 | 173.48 | 153.40 | 194.66 | 244.46 |
Balance sheet total (assets) | 160.31 | 210.92 | 164.99 | 272.57 | 366.62 |
Net debt | 0.34 | 1.00 | -14.18 | -56.48 | - 236.97 |
Profitability | |||||
EBIT-% | |||||
ROA | 107.6 % | 57.1 % | 26.1 % | 45.7 % | 33.9 % |
ROE | 114.4 % | 70.2 % | 22.3 % | 56.6 % | 49.5 % |
ROI | 131.7 % | 70.7 % | 29.8 % | 57.1 % | 48.1 % |
Economic value added (EVA) | -2.46 | -3.65 | -6.15 | -4.43 | -10.82 |
Solvency | |||||
Equity ratio | 77.5 % | 82.2 % | 93.0 % | 71.4 % | 66.7 % |
Gearing | 0.8 % | 0.6 % | 0.7 % | 0.5 % | 4.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.0 | 4.3 | 9.9 | 136.8 | 4.7 |
Current ratio | 3.0 | 4.3 | 9.9 | 136.8 | 4.7 |
Cash and cash equivalents | 0.66 | 0.00 | 15.17 | 57.48 | 247.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | BB | BB | BB |
Variable visualization
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