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MARTINSEN NORDIC HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MARTINSEN NORDIC HOLDING A/S
MARTINSEN NORDIC HOLDING A/S (CVR number: 21118346) is a company from FAVRSKOV. The company recorded a gross profit of -85.9 kDKK in 2025. The operating profit was -85.9 kDKK, while net earnings were 45 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.1 %, 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 13.7 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 544.22 | 497.20 | 181.85 | -70.08 | -85.87 |
| EBIT | 544.22 | 497.20 | 181.85 | -70.08 | -85.87 |
| Net earnings | 1 025.24 | - 444.03 | 1 153.75 | 3 595.74 | 45.01 |
| Shareholders equity total | 53 389.99 | 50 145.96 | 51 064.11 | 53 615.86 | 53 360.87 |
| Balance sheet total (assets) | 53 524.19 | 50 268.17 | 51 310.23 | 54 871.17 | 54 404.41 |
| Net debt | -15 030.58 | -16 080.07 | -10 539.97 | -14 092.42 | -13 796.20 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 2.6 % | 2.1 % | 2.7 % | 8.7 % | 0.6 % |
| ROE | 1.9 % | -0.9 % | 2.3 % | 6.9 % | 0.1 % |
| ROI | 2.6 % | 2.1 % | 2.7 % | 8.8 % | 0.6 % |
| Economic value added (EVA) | -2 237.29 | -2 134.86 | -2 366.19 | -2 620.64 | -2 755.16 |
| Solvency | |||||
| Equity ratio | 99.7 % | 99.8 % | 99.5 % | 97.7 % | 98.1 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 346.7 | 354.1 | 1 290.4 | 198.0 | 13.7 |
| Current ratio | 346.7 | 354.1 | 1 290.4 | 198.0 | 13.7 |
| Cash and cash equivalents | 15 030.58 | 16 080.07 | 10 539.97 | 14 092.42 | 13 796.20 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | A | A | BBB |
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