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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 -6.6 kDKK in 2025. The operating profit was -6.6 kDKK, while net earnings were 149.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.9 %, which can be considered excellent and Return on Equity (ROE) was 39 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Martin G Larsen Holding ApS's liquidity measured by quick ratio was 35.6 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -6.25 | -6.38 | -6.63 | ||
| EBIT | -6.25 | -6.38 | -6.63 | ||
| Net earnings | 36.42 | 98.46 | 108.70 | 192.84 | 149.81 |
| Shareholders equity total | 153.40 | 194.66 | 244.46 | 376.30 | 391.11 |
| Balance sheet total (assets) | 164.99 | 272.57 | 366.62 | 523.01 | 400.97 |
| Net debt | -14.18 | -56.48 | - 236.97 | - 383.68 | -3.08 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 26.1 % | 45.7 % | 33.9 % | 43.7 % | 32.9 % |
| ROE | 22.3 % | 56.6 % | 49.5 % | 62.1 % | 39.0 % |
| ROI | 29.8 % | 57.1 % | 48.1 % | 57.8 % | 37.5 % |
| Economic value added (EVA) | -8.77 | -7.76 | -16.27 | -18.09 | -27.65 |
| Solvency | |||||
| Equity ratio | 93.0 % | 71.4 % | 66.7 % | 71.9 % | 97.5 % |
| Gearing | 0.7 % | 0.5 % | 4.4 % | 11.2 % | 0.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 9.9 | 136.8 | 4.7 | 3.2 | 35.6 |
| Current ratio | 9.9 | 136.8 | 4.7 | 3.2 | 35.6 |
| Cash and cash equivalents | 15.17 | 57.48 | 247.64 | 425.88 | 5.85 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | A | A |
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