MARTENSEN & KOBBELGAARD ApS — Credit Rating and Financial Key Figures

CVR number: 17142690
Sønderbakken 21, Glud 7130 Juelsminde
mk@mkel.dk
tel: 75683200

Credit rating

Company information

Official name
MARTENSEN & KOBBELGAARD ApS
Personnel
18 persons
Established
1993
Domicile
Glud
Company form
Private limited company
Industry

About MARTENSEN & KOBBELGAARD ApS

MARTENSEN & KOBBELGAARD ApS (CVR number: 17142690) is a company from HEDENSTED. The company recorded a gross profit of 14.9 mDKK in 2024. The operating profit was 6363.8 kDKK, while net earnings were 4982.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 59.4 %, which can be considered excellent and Return on Equity (ROE) was 81.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MARTENSEN & KOBBELGAARD ApS's liquidity measured by quick ratio was 2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit10 522.5312 549.4315 986.3916 060.3414 891.36
EBIT2 757.483 626.756 935.976 139.296 363.78
Net earnings2 135.772 826.905 411.464 761.454 982.47
Shareholders equity total3 167.373 994.276 605.735 967.186 249.65
Balance sheet total (assets)8 062.497 895.5811 202.9511 048.6610 570.87
Net debt-1 391.02-1 276.28- 116.71-1 006.26-2 897.64
Profitability
EBIT-%
ROA40.5 %45.5 %72.9 %55.5 %59.4 %
ROE72.4 %78.9 %102.1 %75.7 %81.6 %
ROI90.4 %98.6 %130.4 %97.0 %104.0 %
Economic value added (EVA)2 045.672 751.175 275.674 454.134 710.12
Solvency
Equity ratio39.3 %50.6 %59.0 %54.0 %59.1 %
Gearing0.3 %1.3 %0.4 %1.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.51.71.52.0
Current ratio1.21.62.01.52.0
Cash and cash equivalents1 400.691 326.59145.391 073.582 902.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:59.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.1%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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