MARTIN HORN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MARTIN HORN HOLDING ApS
MARTIN HORN HOLDING ApS (CVR number: 29846731) is a company from FAVRSKOV. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -3.8 kDKK, while net earnings were -3.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.2 %, 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. MARTIN HORN HOLDING ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | -3.00 | -3.00 | -3.75 | -3.75 | -3.75 |
Net earnings | -3.00 | -3.04 | -3.80 | -3.79 | -3.75 |
Shareholders equity total | 87.00 | 83.97 | 80.17 | 76.38 | 72.63 |
Balance sheet total (assets) | 512.13 | 311.39 | 311.35 | 313.44 | 313.44 |
Net debt | 422.13 | 214.02 | 83.54 | 222.90 | 226.65 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.9 % | -0.7 % | -1.2 % | -1.2 % | -1.2 % |
ROE | -3.4 % | -3.6 % | -4.6 % | -4.8 % | -5.0 % |
ROI | -0.9 % | -0.7 % | -1.6 % | -1.6 % | -1.2 % |
Economic value added (EVA) | 1.27 | 1.42 | 1.09 | 1.28 | 1.47 |
Solvency | |||||
Equity ratio | 17.0 % | 27.0 % | 25.7 % | 24.4 % | 23.2 % |
Gearing | 485.2 % | 261.2 % | 110.7 % | 298.6 % | 319.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.6 | 0.6 | 0.6 | 0.6 |
Current ratio | 0.8 | 0.6 | 0.6 | 0.6 | 0.6 |
Cash and cash equivalents | 5.25 | 5.21 | 5.17 | 5.17 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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