Martin Skorstengaard ApS — Credit Rating and Financial Key Figures

CVR number: 38143786
Trianglen 13, Bramdrup 6000 Kolding

Company information

Official name
Martin Skorstengaard ApS
Established
2016
Domicile
Bramdrup
Company form
Private limited company
Industry

About Martin Skorstengaard ApS

Martin Skorstengaard ApS (CVR number: 38143786) is a company from KOLDING. The company reported a net sales of 1.6 mDKK in 2024, demonstrating a decline of -89.1 % compared to the previous year. The operating profit percentage was at 97.9 % (EBIT: 1.6 mDKK), while net earnings were 2021.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14 %, which can be considered good and Return on Equity (ROE) was 14.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Martin Skorstengaard ApS's liquidity measured by quick ratio was 16.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 861.00-8 229.00-3 831.0015 118.001 640.53
Gross profit1 854.00-8 233.00-3 836.0015 002.001 606.08
EBIT1 854.00-8 233.00-3 836.0015 002.001 606.08
Net earnings2 086.00-9 564.00-3 709.0015 183.002 021.52
Shareholders equity total12 542.004 489.002 059.0017 183.0011 147.56
Balance sheet total (assets)12 621.004 632.002 313.0019 214.0011 656.44
Net debt-1 857.00- 506.00- 296.00-15 156.00- 123.43
Profitability
EBIT-%99.6 %99.2 %97.9 %
ROA20.5 %-95.2 %-105.8 %141.7 %14.0 %
ROE20.1 %-112.3 %-113.3 %157.8 %14.3 %
ROI20.8 %-96.4 %-112.2 %158.5 %15.3 %
Economic value added (EVA)1 386.36-8 863.24-4 098.1214 845.37655.77
Solvency
Equity ratio99.4 %96.9 %89.0 %89.4 %95.6 %
Gearing
Relative net indebtedness %-95.5 %4.4 %1.1 %-86.8 %23.5 %
Liquidity
Quick ratio26.95.69.18.616.1
Current ratio26.95.69.18.616.1
Cash and cash equivalents1 857.00506.00296.0015 156.00123.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %20.0 %-1.9 %-53.7 %101.5 %467.6 %
Credit risk
Credit ratingABBBBBBBA

Variable visualization

ROA:14.0%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.6%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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