Martin Haugaard Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Martin Haugaard Holding ApS
Martin Haugaard Holding ApS (CVR number: 38751751K) is a company from KØBENHAVN. The company reported a net sales of 248.5 mDKK in 2023, demonstrating a growth of 20.9 % compared to the previous year. The operating profit percentage was at 30.1 % (EBIT: 74.8 mDKK), while net earnings were 69.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 31.8 %, which can be considered excellent and Return on Equity (ROE) was 50.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.5 %, 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 Haugaard Holding ApS's liquidity measured by quick ratio was 2.1 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 211.94 | 271.08 | 205.59 | 248.50 |
Gross profit | 72.53 | 126.13 | 112.74 | 130.48 |
EBIT | 38.72 | 81.41 | 72.27 | 74.82 |
Net earnings | 31.47 | 72.43 | 52.89 | 69.93 |
Shareholders equity total | 76.34 | 145.67 | 159.04 | 201.29 |
Balance sheet total (assets) | 260.36 | 330.65 | 292.68 | 317.23 |
Net debt | 11.57 | -60.85 | -48.48 | -76.75 |
Profitability | ||||
EBIT-% | 18.3 % | 30.0 % | 35.2 % | 30.1 % |
ROA | 15.5 % | 30.3 % | 25.9 % | 31.8 % |
ROE | 66.3 % | 106.1 % | 51.6 % | 50.7 % |
ROI | 20.6 % | 39.4 % | 32.2 % | 41.6 % |
Economic value added (EVA) | 32.65 | 68.39 | 60.55 | 58.23 |
Solvency | ||||
Equity ratio | 33.5 % | 46.2 % | 54.3 % | 63.5 % |
Gearing | 155.0 % | 77.6 % | 52.4 % | 10.5 % |
Relative net indebtedness % | 35.9 % | 3.8 % | 0.4 % | 6.9 % |
Liquidity | ||||
Quick ratio | 1.3 | 1.6 | 1.7 | 2.1 |
Current ratio | 1.0 | 1.5 | 1.7 | 2.1 |
Cash and cash equivalents | 106.76 | 173.93 | 131.85 | 97.92 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 34.1 | 53.0 | 51.6 | 87.8 |
Net working capital % | 3.0 % | 17.3 % | 30.0 % | 45.9 % |
Credit risk | ||||
Credit rating | AAA | AA | AAA | AAA |
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