MARPRO Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MARPRO Group ApS
MARPRO Group ApS (CVR number: 38649655) is a company from HELSINGØR. The company reported a net sales of 6.2 mDKK in 2023, demonstrating a growth of 27.2 % compared to the previous year. The operating profit percentage was at 14.4 % (EBIT: 0.9 mDKK), while net earnings were 703.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.2 %, which can be considered excellent and Return on Equity (ROE) was 46.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.6 %, 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. MARPRO Group ApS's liquidity measured by quick ratio was 2.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 676.99 | 4 858.83 | 6 181.17 | ||
Gross profit | 165.57 | 524.89 | 1 543.71 | 2 772.08 | 3 598.88 |
EBIT | 25.57 | -5.69 | 591.66 | 1 248.63 | 888.94 |
Net earnings | 24.47 | -10.14 | 454.10 | 961.61 | 703.35 |
Shareholders equity total | 146.74 | 136.61 | 590.71 | 1 552.31 | 1 455.66 |
Balance sheet total (assets) | 314.10 | 545.02 | 1 016.44 | 2 105.50 | 2 326.78 |
Net debt | - 106.45 | - 341.28 | - 355.54 | - 608.23 | - 928.95 |
Profitability | |||||
EBIT-% | 22.1 % | 25.7 % | 14.4 % | ||
ROA | 11.1 % | -1.1 % | 75.9 % | 80.3 % | 41.2 % |
ROE | 18.2 % | -7.2 % | 124.9 % | 89.7 % | 46.8 % |
ROI | 12.6 % | -1.8 % | 130.5 % | 113.8 % | 56.4 % |
Economic value added (EVA) | 22.57 | -0.61 | 473.78 | 959.03 | 645.85 |
Solvency | |||||
Equity ratio | 46.7 % | 25.1 % | 58.1 % | 73.7 % | 62.6 % |
Gearing | 94.2 % | 102.5 % | 7.0 % | 0.3 % | 13.1 % |
Relative net indebtedness % | 1.1 % | -1.5 % | -4.2 % | ||
Liquidity | |||||
Quick ratio | 1.9 | 1.3 | 2.4 | 3.3 | 2.4 |
Current ratio | 1.9 | 1.3 | 2.4 | 3.3 | 2.4 |
Cash and cash equivalents | 244.67 | 481.30 | 397.01 | 613.07 | 1 120.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 84.5 | 48.9 | 55.1 | ||
Net working capital % | 22.1 % | 25.3 % | 19.5 % | ||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | A |
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