MARTIN ELKJÆR HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MARTIN ELKJÆR HOLDING ApS
MARTIN ELKJÆR HOLDING ApS (CVR number: 36039345) is a company from AARHUS. The company recorded a gross profit of -21.9 kDKK in 2023. The operating profit was -21.9 kDKK, while net earnings were 1618.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.6 %, which can be considered excellent and Return on Equity (ROE) was 34 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.6 %, 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 ELKJÆR HOLDING 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3.75 | -3.88 | -12.63 | -21.88 | -21.88 |
EBIT | -3.75 | -3.88 | -12.63 | -21.88 | -21.88 |
Net earnings | 378.87 | 1 095.60 | 228.07 | - 308.29 | 1 618.34 |
Shareholders equity total | 3 727.12 | 4 712.12 | 4 432.81 | 4 010.13 | 5 510.66 |
Balance sheet total (assets) | 3 736.50 | 4 860.14 | 4 912.36 | 4 505.57 | 7 192.60 |
Net debt | -2 767.54 | -2 194.19 | -2 389.14 | -1 454.17 | -1 988.64 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.5 % | 27.8 % | 11.6 % | 7.2 % | 33.6 % |
ROE | 10.5 % | 26.0 % | 5.0 % | -7.3 % | 34.0 % |
ROI | 11.5 % | 28.1 % | 11.7 % | 7.2 % | 34.5 % |
Economic value added (EVA) | 5.95 | -36.25 | -54.08 | 36.06 | 38.78 |
Solvency | |||||
Equity ratio | 99.7 % | 97.0 % | 90.2 % | 89.0 % | 76.6 % |
Gearing | 1.3 % | 10.6 % | 12.1 % | 25.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 366.7 | 25.2 | 6.8 | 5.2 | 2.4 |
Current ratio | 366.7 | 25.2 | 6.8 | 5.2 | 2.4 |
Cash and cash equivalents | 2 767.54 | 2 253.43 | 2 858.74 | 1 940.24 | 3 369.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
Variable visualization
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