MARFORCE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MARFORCE ApS
MARFORCE ApS (CVR number: 89422418) is a company from HERLEV. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a decline of -47.6 % compared to the previous year. The operating profit percentage was poor at -1230.4 % (EBIT: -2.4 mDKK), while net earnings were 4046.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.4 %, which can be considered excellent and Return on Equity (ROE) was 36.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.4 %, 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. MARFORCE ApS's liquidity measured by quick ratio was 2.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 856.41 | 308.29 | 556.99 | 379.03 | 198.79 |
Gross profit | -39.28 | - 264.92 | - 880.81 | - 930.58 | -1 125.67 |
EBIT | -1 059.15 | -1 161.95 | -2 027.67 | -2 073.12 | -2 445.84 |
Net earnings | -45.00 | 1 521.15 | -4 899.41 | - 443.50 | 4 046.57 |
Shareholders equity total | 590.75 | 14 541.14 | 9 641.73 | 9 198.23 | 13 244.81 |
Balance sheet total (assets) | 21 823.32 | 22 936.70 | 21 863.97 | 19 124.17 | 20 240.65 |
Net debt | 6 102.67 | -8 873.01 | -4 610.48 | -4 256.99 | -7 113.84 |
Profitability | |||||
EBIT-% | -123.7 % | -376.9 % | -364.0 % | -547.0 % | -1230.4 % |
ROA | 1.4 % | 9.5 % | -8.2 % | -0.5 % | 21.4 % |
ROE | -7.3 % | 20.1 % | -40.5 % | -4.7 % | 36.1 % |
ROI | 1.4 % | 9.6 % | -8.2 % | -0.5 % | 21.6 % |
Economic value added (EVA) | - 322.29 | - 320.90 | -1 899.38 | -1 989.14 | -3 167.03 |
Solvency | |||||
Equity ratio | 2.7 % | 63.4 % | 44.1 % | 48.1 % | 65.4 % |
Gearing | 3539.9 % | 55.6 % | 124.8 % | 105.8 % | 51.0 % |
Relative net indebtedness % | 750.0 % | -2814.4 % | -794.1 % | -1072.4 % | -3457.8 % |
Liquidity | |||||
Quick ratio | 0.9 | 2.8 | 2.0 | 1.5 | 2.4 |
Current ratio | 0.9 | 2.9 | 2.1 | 1.5 | 2.5 |
Cash and cash equivalents | 14 809.19 | 16 954.93 | 16 645.12 | 13 990.53 | 13 869.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 1.2 | 2.4 | 4.6 | 29.0 | 6.7 |
Net working capital % | -1402.7 % | -1372.1 % | -1118.4 % | -1711.0 % | -1300.5 % |
Credit risk | |||||
Credit rating | BBB | A | BBB | A | A |
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