B. MARTINSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 34726183
Strandvejen 91 A, Skotterup 3070 Snekkersten

Company information

Official name
B. MARTINSEN HOLDING ApS
Established
2012
Domicile
Skotterup
Company form
Private limited company
Industry

About B. MARTINSEN HOLDING ApS

B. MARTINSEN HOLDING ApS (CVR number: 34726183) is a company from HELSINGØR. The company recorded a gross profit of 7153 kDKK in 2023. The operating profit was 7153 kDKK, while net earnings were 7555 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.5 %, which can be considered excellent and Return on Equity (ROE) was 23.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. B. MARTINSEN HOLDING ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-5.60-34.66-1.75-38.007 153.00
EBIT-6.04-35.54-1.75-38.007 153.00
Net earnings- 168.14- 200.93103.7145 032.007 555.00
Shareholders equity total10 612.7510 411.8310 515.5455 548.009 685.00
Balance sheet total (assets)13 837.4813 796.2414 541.3760 894.0043 563.00
Net debt2 302.392 470.143 982.454 020.0031 970.00
Profitability
EBIT-%
ROA-0.0 %-0.3 %1.1 %119.6 %32.5 %
ROE-1.6 %-1.9 %1.0 %136.3 %23.2 %
ROI-0.0 %-0.3 %1.1 %121.6 %33.3 %
Economic value added (EVA)-0.52122.09163.95-40.907 151.59
Solvency
Equity ratio76.7 %75.5 %72.3 %91.2 %22.2 %
Gearing30.0 %31.8 %38.2 %7.4 %336.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.22.11.50.1
Current ratio0.30.22.11.50.1
Cash and cash equivalents882.67842.3236.3869.00650.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:32.5%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.2%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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