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M Martinsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M Martinsen Holding ApS
M Martinsen Holding ApS (CVR number: 40463097) is a company from HERNING. The company recorded a gross profit of -16.2 kDKK in 2025. The operating profit was -16.2 kDKK, while net earnings were 336.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.5 %, which can be considered excellent and Return on Equity (ROE) was 38.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.7 %, 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. M Martinsen Holding ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -12.33 | -8.72 | -10.35 | -9.75 | -16.19 |
| EBIT | -12.33 | -8.72 | -10.35 | -9.75 | -16.19 |
| Net earnings | 173.55 | 216.29 | 4.20 | 298.23 | 336.88 |
| Shareholders equity total | 617.29 | 719.18 | 605.57 | 781.80 | 983.68 |
| Balance sheet total (assets) | 1 100.27 | 1 316.55 | 1 135.75 | 1 302.34 | 1 452.60 |
| Net debt | 469.11 | 592.26 | 231.72 | 246.13 | - 114.58 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 27.1 % | 17.9 % | 0.3 % | 24.6 % | 24.5 % |
| ROE | 29.6 % | 32.4 % | 0.6 % | 43.0 % | 38.2 % |
| ROI | 29.3 % | 18.0 % | 0.3 % | 25.0 % | 24.6 % |
| Economic value added (EVA) | -60.23 | -63.81 | -76.30 | -65.02 | -81.42 |
| Solvency | |||||
| Equity ratio | 56.1 % | 54.6 % | 53.3 % | 60.0 % | 67.7 % |
| Gearing | 77.6 % | 82.5 % | 81.6 % | 66.0 % | 47.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.5 | 0.7 | 0.5 | 0.8 | 1.2 |
| Current ratio | 0.5 | 0.7 | 0.5 | 0.8 | 1.2 |
| Cash and cash equivalents | 9.87 | 1.11 | 262.65 | 270.24 | 579.50 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | AA |
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