Martin Skorstengaard ApS — Credit Rating and Financial Key Figures

CVR number: 38143786
Trianglen 13, Bramdrup 6000 Kolding

Credit rating

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 15.1 mDKK in 2023, demonstrating a growth of -494.6 % compared to the previous year. The operating profit percentage was at 99.2 % (EBIT: 15 mDKK), while net earnings were 15.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 141.7 %, which can be considered excellent and Return on Equity (ROE) was 157.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 89.4 %, 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 8.6 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
2019
2020
2021
2022
2023
Volume
Net sales- 873.001 861.00-8 229.00-3 831.0015 118.37
Gross profit- 878.001 854.00-8 233.00-3 836.0015 002.86
EBIT- 878.001 854.00-8 233.00-3 836.0015 002.86
Net earnings- 830.002 086.00-9 564.00-3 709.0015 183.14
Shareholders equity total8 208.0012 542.004 489.002 059.0017 183.58
Balance sheet total (assets)8 415.0012 621.004 632.002 313.0019 215.49
Net debt-1 040.00-1 857.00- 506.00- 296.00-15 157.25
Profitability
EBIT-%99.6 %99.2 %
ROA-8.6 %20.5 %-95.2 %-105.8 %141.7 %
ROE-8.9 %20.1 %-112.3 %-113.3 %157.8 %
ROI-8.7 %20.8 %-96.4 %-112.2 %158.5 %
Economic value added (EVA)- 591.001 929.26-7 860.70-3 833.0014 860.72
Solvency
Equity ratio97.5 %99.4 %96.9 %89.0 %89.4 %
Gearing
Relative net indebtedness %95.4 %-95.5 %4.4 %1.1 %-86.8 %
Liquidity
Quick ratio10.126.95.69.18.6
Current ratio10.126.95.69.18.6
Cash and cash equivalents1 040.001 857.00506.00296.0015 157.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-215.2 %20.0 %-1.9 %-53.7 %101.5 %
Credit risk
Credit ratingBBBABBBBBBB

Variable visualization

ROA:141.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.4%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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