MARFORCE ApS — Credit Rating and Financial Key Figures

CVR number: 89422418
Sortsøvej 6, 2730 Herlev
bent@marforce.dk
tel: 44918266

Company information

Official name
MARFORCE ApS
Personnel
2 persons
Established
1980
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales856.41308.29556.99379.03198.79
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-45.001 521.15-4 899.41- 443.504 046.57
Shareholders equity total590.7514 541.149 641.739 198.2313 244.81
Balance sheet total (assets)21 823.3222 936.7021 863.9719 124.1720 240.65
Net debt6 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 %
ROA1.4 %9.5 %-8.2 %-0.5 %21.4 %
ROE-7.3 %20.1 %-40.5 %-4.7 %36.1 %
ROI1.4 %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 ratio2.7 %63.4 %44.1 %48.1 %65.4 %
Gearing3539.9 %55.6 %124.8 %105.8 %51.0 %
Relative net indebtedness %750.0 %-2814.4 %-794.1 %-1072.4 %-3457.8 %
Liquidity
Quick ratio0.92.82.01.52.4
Current ratio0.92.92.11.52.5
Cash and cash equivalents14 809.1916 954.9316 645.1213 990.5313 869.51
Capital use efficiency
Trade debtors turnover (days)1.22.44.629.06.7
Net working capital %-1402.7 %-1372.1 %-1118.4 %-1711.0 %-1300.5 %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:21.4%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.4%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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