Market Pay Nordic & Baltic ApS — Credit Rating and Financial Key Figures

CVR number: 42402257
Lottenborgvej 24, 2800 Kongens Lyngby
payments.tpp@market-pay.com

Company information

Official name
Market Pay Nordic & Baltic ApS
Personnel
35 persons
Established
2021
Company form
Private limited company
Industry

About Market Pay Nordic & Baltic ApS

Market Pay Nordic & Baltic ApS (CVR number: 42402257) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 76.2 mDKK in 2024. The operating profit was 9358.7 kDKK, while net earnings were -182.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25 %, 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. Market Pay Nordic & Baltic 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit13 461.7870 219.2076 227.60
EBIT-5 879.0014 496.569 358.69
Net earnings-9 009.007 590.78- 182.41
Shareholders equity total28 212.0041 060.2940 877.88
Balance sheet total (assets)135 818.00150 438.75163 413.78
Net debt87 804.2087 597.9895 660.94
Profitability
EBIT-%
ROA-4.1 %10.1 %6.5 %
ROE-31.9 %18.5 %-0.4 %
ROI-4.2 %10.7 %7.0 %
Economic value added (EVA)-5 878.86-6 385.3313 810.14- 467.86
Solvency
Equity ratio20.8 %27.3 %25.0 %
Gearing341.3 %243.8 %262.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.22.92.4
Current ratio2.22.92.4
Cash and cash equivalents8 478.7212 507.3011 735.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBAA

Variable visualization

ROA:6.55%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.0%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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