MARTIN LUDVIGSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MARTIN LUDVIGSEN HOLDING ApS
MARTIN LUDVIGSEN HOLDING ApS (CVR number: 32345433) is a company from KERTEMINDE. The company recorded a gross profit of -7 kDKK in 2023. The operating profit was -7 kDKK, while net earnings were -15.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.2 %, which can be considered poor and Return on Equity (ROE) was -9.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.8 %, 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. MARTIN LUDVIGSEN HOLDING ApS's liquidity measured by quick ratio was 1.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2.23 | -5.33 | -6.62 | -6.53 | -6.98 |
EBIT | -2.23 | -5.33 | -6.62 | -6.53 | -6.98 |
Net earnings | 1.35 | 7.81 | 55.81 | 36.99 | -15.89 |
Shareholders equity total | 169.26 | 177.07 | 232.88 | 212.67 | 137.88 |
Balance sheet total (assets) | 192.42 | 202.51 | 275.79 | 331.97 | 251.67 |
Net debt | 16.79 | 16.77 | 16.48 | 59.78 | 96.63 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.8 % | 4.2 % | 23.8 % | 12.8 % | -5.2 % |
ROE | 0.8 % | 4.5 % | 27.2 % | 16.6 % | -9.1 % |
ROI | 0.8 % | 4.3 % | 25.2 % | 14.7 % | -5.8 % |
Economic value added (EVA) | -6.13 | -9.23 | -10.71 | -10.90 | -11.37 |
Solvency | |||||
Equity ratio | 88.0 % | 87.4 % | 84.4 % | 64.1 % | 54.8 % |
Gearing | 12.4 % | 11.6 % | 9.0 % | 29.8 % | 77.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.5 | 4.4 | 3.1 | 1.8 | 1.6 |
Current ratio | 4.5 | 4.4 | 3.1 | 1.8 | 1.6 |
Cash and cash equivalents | 4.25 | 3.79 | 4.49 | 3.58 | 9.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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