Martinussen ApS — Credit Rating and Financial Key Figures

CVR number: 26070368
Strandvejen 34, 2900 Hellerup

Company information

Official name
Martinussen ApS
Personnel
1 person
Established
2001
Company form
Private limited company
Industry

About Martinussen ApS

Martinussen ApS (CVR number: 26070368) is a company from GENTOFTE. The company recorded a gross profit of 689.4 kDKK in 2022. The operating profit was 632.1 kDKK, while net earnings were 484 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.6 %, which can be considered excellent and Return on Equity (ROE) was 31.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Martinussen ApS's liquidity measured by quick ratio was 7.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit152.00314.0064.00747.00689.44
EBIT-11.005.00- 246.00166.00632.13
Net earnings3.00-1.00- 200.00123.00484.01
Shareholders equity total1 573.001 473.001 172.001 295.001 779.01
Balance sheet total (assets)1 704.001 935.001 469.001 676.002 121.42
Net debt- 615.00- 867.00- 315.00- 492.00-1 851.56
Profitability
EBIT-%
ROA1.0 %0.4 %-14.3 %10.7 %33.6 %
ROE0.2 %-0.1 %-15.1 %10.0 %31.5 %
ROI1.2 %0.5 %-17.5 %12.4 %37.9 %
Economic value added (EVA)-48.66-43.14- 221.8989.73456.40
Solvency
Equity ratio92.3 %76.1 %79.8 %77.3 %83.9 %
Gearing6.1 %5.6 %6.4 %
Relative net indebtedness %
Liquidity
Quick ratio5.12.12.12.27.3
Current ratio5.12.12.12.27.3
Cash and cash equivalents615.00867.00386.00565.001 964.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABB

Variable visualization

ROA:33.6%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.9%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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