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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

Income statement (kDKK)

2021
2022
2023
2024
2025
Fiscal period length1212121212
Net sales
Gross profit44 636.2754 072.5543 702.3223 001.781 685.72
Employee benefit expenses-26 448.57-26 959.32-31 535.79-37 268.81-2 276.15
Other operating expenses-1 679.44-2 612.85-1 291.60-16 666.10- 167.63
Total depreciation-6 291.99-6 257.01-6 745.35-7 394.23- 531.36
EBIT18 243.004 130.004 129.58-38 327.36-1 289.43
Other financial income557.81322.947 645.268 604.40508.33
Other financial expenses-6 669.9810 922.97-10 081.72-11 402.26- 759.24
Pre-tax profit3 979.931 339.901 693.13-41 119.22-1 158.83
Income taxes1 216.07-2 446.90-2 800.45- 682.42- 190.75
Profit/loss from discontinued operations-13 147.21
Net earnings5 196.00-1 107.00-1 107.32-41 801.64-14 496.79

Assets (kDKK)

2021
2022
2023
2024
2025
Intangible rights555.87498.76372.93293.16
Intangible assets total555.87498.76372.93293.16
Land and waters89 942.1087 132.3688 177.2288 675.2040 593.67
Buildings78 392.6073 256.1476 014.7094 192.9945.00
Advance payments and construction in progress5 168.704 387.028 517.5110.46
Tangible assets total173 503.40164 775.51172 709.42182 878.6640 638.67
Investments total-11 091.781 666.91
Non-current other receivables348.35333.77173.97181.90
Long term receivables total348.35333.77173.97181.90
Semifinished products15 344.005 155.5917 615.254 161.82
Raw materials and consumables25 677.6734 206.5528 572.5212 613.60
Finished products/goods18 125.0922 453.7616 758.7419 909.767 142.69
Advance payments590.63866.09144.26339.35
Inventories total59 737.4062 682.0063 090.7837 024.537 142.69
Current trade debtors5 438.816 840.452 810.094 090.992 922.64
Current amounts owed by group member comp.2.38
Prepayments and accrued income165.10315.19269.731 053.64
Current other receivables0.00300.07142.8746.18
Current deferred tax assets521.77511.0312.2312.39
Short term receivables total6 125.687 666.683 392.125 287.502 983.60
Other current investments12 774.2415 559.2210 146.3511 417.3012 410.91
Cash and bank deposits13 560.853 998.167 295.585 654.013 382.68
Cash and cash equivalents26 335.0919 557.3817 441.9317 071.3115 793.59
Balance sheet total (assets)255 514.00257 181.00257 181.15242 737.0666 558.54

Equity and liabilities (kDKK)

2021
2022
2023
2024
2025
Share capital820.00820.00820.00820.00820.00
Share premium account1 680.851 680.851 680.851 680.851 680.85
Other reserves44 205.6546 129.5553 784.7856 537.31
Retained earnings32 023.4337 258.7626 916.6647 171.2365 793.32
Profit of the financial year5 196.00-1 107.00-1 107.32-41 801.64-14 496.79
Minority interest (BS)22 725.0623 639.8426 327.296 656.02
Shareholders equity total106 651.00108 422.00108 422.2771 063.7653 797.38
Provisions1 429.311 296.974 147.735 114.611 562.48
Non-current loans from credit institutions30 870.7921 920.9414 236.348 214.357 708.70
Non-current other liabilities2 797.06
Non-current deferred tax liabilities692.161 197.055 323.40497.42
Non-current liabilities total33 667.8522 613.1015 433.3913 537.758 206.12
Current loans from credit institutions84 456.8276 528.5573 036.2887 419.25253.15
Advances received3 083.881 890.323 308.202 653.22
Current trade creditors15 020.4125 004.1628 486.9030 285.23570.07
Short-term deferred tax liabilities1 076.75
Other non-interest bearing current liabilities18 121.4517 156.3119 665.8028 000.611 092.60
Accruals and deferred income4 742.594 374.074 680.594 662.62
Current liabilities total125 425.16124 953.42129 177.77153 020.932 992.57
Balance sheet total (liabilities)267 173.32257 285.49257 181.15242 737.0666 558.54
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