Martin Ell Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Martin Ell Holding ApS
Martin Ell Holding ApS (CVR number: 36990104) is a company from HORSENS. The company recorded a gross profit of -6.5 kDKK in 2024. The operating profit was -6.5 kDKK, while net earnings were 188.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21 %, which can be considered excellent and Return on Equity (ROE) was 29.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Martin Ell Holding ApS's liquidity measured by quick ratio was 3.3 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 | -6.92 | -6.75 | -7.37 | -9.00 | -6.50 |
| EBIT | -6.92 | -6.75 | -7.37 | -9.00 | -6.50 |
| Net earnings | -4.22 | -12.70 | 288.94 | 108.00 | 188.94 |
| Shareholders equity total | 171.39 | 158.69 | 447.63 | 556.00 | 744.65 |
| Balance sheet total (assets) | 387.95 | 445.61 | 777.31 | 832.00 | 1 136.63 |
| Net debt | 210.69 | 226.28 | 250.62 | 219.00 | 203.57 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -0.8 % | -1.0 % | 49.8 % | 15.9 % | 21.0 % |
| ROE | -2.4 % | -7.7 % | 95.3 % | 21.5 % | 29.1 % |
| ROI | -0.9 % | -1.1 % | 56.2 % | 17.4 % | 24.0 % |
| Economic value added (EVA) | -23.52 | -24.46 | -25.32 | -42.29 | -44.05 |
| Solvency | |||||
| Equity ratio | 44.2 % | 35.6 % | 57.6 % | 66.8 % | 65.5 % |
| Gearing | 122.9 % | 142.6 % | 56.0 % | 39.4 % | 27.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.4 | 0.5 | 1.4 | 1.9 | 3.3 |
| Current ratio | 0.4 | 0.5 | 1.4 | 1.9 | 3.3 |
| Cash and cash equivalents | |||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BBB | BBB |
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