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 -70.1 kDKK in 2024. The operating profit was -70.1 kDKK, while net earnings were 3595.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.7 %, 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 198 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 523.90 | 544.22 | 497.20 | 181.85 | -70.08 |
EBIT | 522.40 | 544.22 | 497.20 | 181.85 | -70.08 |
Net earnings | 315.47 | 1 025.24 | - 444.03 | 1 153.75 | 3 595.74 |
Shareholders equity total | 52 912.69 | 53 389.99 | 50 145.96 | 51 064.11 | 53 615.86 |
Balance sheet total (assets) | 52 976.00 | 53 524.19 | 50 268.17 | 51 310.23 | 54 871.17 |
Net debt | -20 752.49 | -15 030.58 | -16 080.07 | -10 539.97 | -14 092.42 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.5 % | 2.6 % | 2.1 % | 2.7 % | 8.7 % |
ROE | 0.6 % | 1.9 % | -0.9 % | 2.3 % | 6.9 % |
ROI | 2.5 % | 2.6 % | 2.1 % | 2.7 % | 8.8 % |
Economic value added (EVA) | - 501.93 | - 758.27 | - 943.36 | -1 262.65 | -1 666.63 |
Solvency | |||||
Equity ratio | 99.9 % | 99.7 % | 99.8 % | 99.5 % | 97.7 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 726.3 | 346.7 | 354.1 | 1 290.4 | 198.0 |
Current ratio | 726.3 | 346.7 | 354.1 | 1 290.4 | 198.0 |
Cash and cash equivalents | 20 752.49 | 15 030.58 | 16 080.07 | 10 539.97 | 14 092.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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