MARTINSEN HOLDING VEJLE STATSAUTORISERET REVISIONS ANPARTSSELSKAB — Credit Rating and Financial Key Figures

CVR number: 26371007
Dandyvej 3 B, 7100 Vejle

Credit rating

Company information

Official name
MARTINSEN HOLDING VEJLE STATSAUTORISERET REVISIONS ANPARTSSELSKAB
Established
2001
Company form
Private limited company
Industry

About MARTINSEN HOLDING VEJLE STATSAUTORISERET REVISIONS ANPARTSSELSKAB

MARTINSEN HOLDING VEJLE STATSAUTORISERET REVISIONS ANPARTSSELSKAB (CVR number: 26371007) is a company from VEJLE. The company recorded a gross profit of -26.5 kDKK in 2024. The operating profit was -26.5 kDKK, while net earnings were 32.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 20.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MARTINSEN HOLDING VEJLE STATSAUTORISERET REVISIONS ANPARTSSELSKAB's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit35.76-16.72-11.26-18.45-26.53
EBIT- 209.77-16.72-11.26-18.45-26.53
Net earnings584.80132.82- 165.92244.2232.55
Shareholders equity total3 928.634 243.961 838.942 266.492 382.99
Balance sheet total (assets)12 159.5411 101.135 763.324 230.9911 573.32
Net debt409.17-3 465.75611.15410.4810.70
Profitability
EBIT-%
ROA30.2 %3.0 %3.4 %9.2 %5.7 %
ROE16.6 %3.3 %-5.5 %11.9 %1.4 %
ROI12.7 %3.0 %3.9 %13.4 %10.7 %
Economic value added (EVA)- 304.54- 100.7368.67-48.42- 105.93
Solvency
Equity ratio32.3 %38.2 %31.9 %53.6 %20.6 %
Gearing66.6 %54.7 %96.4 %42.4 %117.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.02.40.70.90.9
Current ratio1.02.40.70.90.9
Cash and cash equivalents2 205.835 787.651 161.27551.052 793.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.68%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.6%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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