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

CVR number: 21118346
Eksportvej 7, Kongstrup 8870 Langå
fm@martinsen-nordic.dk
tel: 60206070

Credit rating

Company information

Official name
MARTINSEN NORDIC HOLDING A/S
Established
1998
Domicile
Kongstrup
Company form
Limited company
Industry

About MARTINSEN NORDIC HOLDING A/S

MARTINSEN NORDIC HOLDING A/S (CVR number: 21118346K) is a company from FAVRSKOV. The company recorded a gross profit of 1685.7 kDKK in 2025. The operating profit was -1289.4 kDKK, while net earnings were -14.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -24.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 80.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MARTINSEN NORDIC HOLDING A/S's liquidity measured by quick ratio was 6.3 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit44 636.2754 072.5543 702.3223 001.781 685.72
EBIT18 243.004 130.004 129.58-38 327.36-1 289.43
Net earnings5 196.00-1 107.00-1 107.32-41 801.64-14 496.79
Shareholders equity total106 651.00108 422.00108 422.2771 063.7653 797.38
Balance sheet total (assets)255 514.00257 181.00257 181.15242 737.0666 558.54
Net debt88 992.5278 892.1269 830.6978 562.29-7 831.74
Profitability
EBIT-%
ROA7.2 %1.7 %4.6 %-11.9 %-0.5 %
ROE6.2 %-1.3 %-1.3 %-57.1 %-24.5 %
ROI8.5 %2.1 %5.8 %-16.0 %-0.7 %
Economic value added (EVA)12 836.57-8 293.95-7 528.46-49 005.54-10 135.24
Solvency
Equity ratio40.4 %42.5 %42.7 %29.6 %80.8 %
Gearing108.1 %90.8 %80.5 %134.6 %14.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.20.16.3
Current ratio0.70.70.60.48.7
Cash and cash equivalents26 335.0919 557.3817 441.9317 071.3115 793.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBBBBB

Variable visualization

ROA:-0.51%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.8%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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