Martin Culmbach Holding ApS — Credit Rating and Financial Key Figures

CVR number: 41704535
Vesterbyvej 16, St Darum 6740 Bramming

Credit rating

Company information

Official name
Martin Culmbach Holding ApS
Established
2020
Domicile
St Darum
Company form
Private limited company
Industry

About Martin Culmbach Holding ApS

Martin Culmbach Holding ApS (CVR number: 41704535) is a company from ESBJERG. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -1.6 % compared to the previous year. The operating profit percentage was at 100 % (EBIT: 0.1 mDKK), while net earnings were 108.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good and Return on Equity (ROE) was 12.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 75.6 %, 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 Culmbach Holding ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales372.00417.00117.00115.10
Gross profit361.00416.00117.00115.10
EBIT361.00416.00117.00115.10
Net earnings358.00409.00110.00108.50
Shareholders equity total398.00695.00804.00912.41
Balance sheet total (assets)672.00900.001 180.001 207.55
Net debt232.00195.00196.00195.97
Profitability
EBIT-%97.0 %99.8 %100.0 %100.0 %
ROA53.7 %52.9 %11.3 %9.6 %
ROE89.9 %74.8 %14.7 %12.6 %
ROI54.4 %53.5 %12.4 %10.9 %
Economic value added (EVA)361.00437.14146.60150.78
Solvency
Equity ratio59.2 %77.2 %68.1 %75.6 %
Gearing66.8 %28.2 %24.4 %21.5 %
Relative net indebtedness %64.5 %48.9 %321.4 %256.4 %
Liquidity
Quick ratio4.31.71.00.9
Current ratio4.31.71.00.9
Cash and cash equivalents34.001.000.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %7.0 %1.4 %-1.7 %-7.8 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:9.64%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.6%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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