MARTINSEN NORDIC A/S — Credit Rating and Financial Key Figures

CVR number: 27771025
Eksportvej 7, Kongstrup 8870 Langå
fm@martinsen-nordic.dk
tel: 60206070

Credit rating

Company information

Official name
MARTINSEN NORDIC A/S
Personnel
6 persons
Established
2004
Domicile
Kongstrup
Company form
Limited company
Industry
  • Expand more icon468900

About MARTINSEN NORDIC A/S

MARTINSEN NORDIC A/S (CVR number: 27771025) is a company from FAVRSKOV. The company recorded a gross profit of 3402.2 kDKK in 2024. The operating profit was 53.2 kDKK, while net earnings were -2889.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was -65.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 11.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MARTINSEN NORDIC A/S'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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 944.962 836.273 114.632 324.323 402.19
EBIT-1 358.65- 289.71-18.14- 760.6353.22
Net earnings-1 212.98- 424.02- 217.95-1 543.87-2 889.57
Shareholders equity total8 016.867 592.837 374.885 831.012 941.44
Balance sheet total (assets)24 681.9320 540.7223 600.9528 871.0126 251.83
Net debt7 904.948 499.7311 259.7014 653.8820 982.73
Profitability
EBIT-%
ROA-5.5 %-1.3 %-0.1 %-2.9 %7.9 %
ROE-14.1 %-5.4 %-2.9 %-23.4 %-65.9 %
ROI-6.3 %-1.4 %-0.1 %-3.0 %-7.1 %
Economic value added (EVA)-1 308.98- 363.47- 309.01-1 288.0966.12
Solvency
Equity ratio32.5 %37.0 %31.2 %20.2 %11.2 %
Gearing167.1 %133.7 %192.9 %355.1 %713.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.50.40.40.1
Current ratio0.70.60.60.70.5
Cash and cash equivalents5 489.451 654.982 963.906 051.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:7.88%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.2%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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