MARTEK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MARTEK ApS
MARTEK ApS (CVR number: 12277717) is a company from SERMERSOOQ. The company recorded a gross profit of 1999 kDKK in 2024. The operating profit was -232.9 kDKK, while net earnings were 111.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 35 %, 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. MARTEK ApS's liquidity measured by quick ratio was 1.7 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 | 785.74 | 1 087.48 | 1 327.00 | 1 132.79 | 1 998.98 |
EBIT | - 699.17 | -54.47 | -16.95 | - 378.29 | - 232.87 |
Net earnings | - 556.58 | -74.18 | -85.22 | - 420.95 | 111.66 |
Shareholders equity total | 1 812.51 | 1 738.34 | 1 653.12 | 1 232.17 | 1 343.83 |
Balance sheet total (assets) | 3 609.07 | 3 430.21 | 4 929.36 | 4 736.06 | 3 835.52 |
Net debt | 994.03 | 933.51 | 404.31 | 1 693.12 | 753.09 |
Profitability | |||||
EBIT-% | |||||
ROA | -17.2 % | -1.5 % | -0.4 % | -6.2 % | 3.8 % |
ROE | -26.6 % | -4.2 % | -5.0 % | -29.2 % | 8.7 % |
ROI | -18.6 % | -1.7 % | -0.4 % | -7.9 % | 4.2 % |
Economic value added (EVA) | - 729.10 | - 206.73 | - 168.31 | - 518.22 | - 394.44 |
Solvency | |||||
Equity ratio | 50.2 % | 50.7 % | 33.5 % | 26.0 % | 35.0 % |
Gearing | 61.9 % | 57.0 % | 27.4 % | 137.4 % | 56.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 0.5 | 2.3 | 1.0 | 1.7 |
Current ratio | 1.3 | 1.3 | 3.0 | 1.2 | 2.1 |
Cash and cash equivalents | 128.53 | 57.61 | 49.00 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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