MARTIN ELKJÆR HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 36039345
Brendstrupvej 37 B, 8200 Aarhus N

Company information

Official name
MARTIN ELKJÆR HOLDING ApS
Established
2014
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings378.871 095.60228.07- 308.291 618.34
Shareholders equity total3 727.124 712.124 432.814 010.135 510.66
Balance sheet total (assets)3 736.504 860.144 912.364 505.577 192.60
Net debt-2 767.54-2 194.19-2 389.14-1 454.17-1 988.64
Profitability
EBIT-%
ROA11.5 %27.8 %11.6 %7.2 %33.6 %
ROE10.5 %26.0 %5.0 %-7.3 %34.0 %
ROI11.5 %28.1 %11.7 %7.2 %34.5 %
Economic value added (EVA)5.95-36.25-54.0836.0638.78
Solvency
Equity ratio99.7 %97.0 %90.2 %89.0 %76.6 %
Gearing1.3 %10.6 %12.1 %25.1 %
Relative net indebtedness %
Liquidity
Quick ratio366.725.26.85.22.4
Current ratio366.725.26.85.22.4
Cash and cash equivalents2 767.542 253.432 858.741 940.243 369.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:33.6%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.6%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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