Steen Martinsen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40962808
Søndervænget 7, Jerlev 7100 Vejle

Company information

Official name
Steen Martinsen Holding ApS
Established
2019
Domicile
Jerlev
Company form
Private limited company
Industry

About Steen Martinsen Holding ApS

Steen Martinsen Holding ApS (CVR number: 40962808) is a company from VEJLE. The company recorded a gross profit of -12.4 kDKK in 2023. The operating profit was -12.4 kDKK, while net earnings were 398.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.2 %, which can be considered excellent and Return on Equity (ROE) was 24 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Steen Martinsen Holding ApS's liquidity measured by quick ratio was 7.9 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
Volume
Net sales
Gross profit-5.22-11.80-10.56-12.43
EBIT-5.22-11.80-10.56-12.43
Net earnings736.76113.61211.20398.08
Shareholders equity total1 424.431 425.041 521.841 802.12
Balance sheet total (assets)2 811.231 751.101 675.442 034.77
Net debt- 271.10- 797.46-1 248.22-1 698.38
Profitability
EBIT-%
ROA27.8 %17.6 %20.2 %33.2 %
ROE51.7 %8.0 %14.3 %24.0 %
ROI30.1 %18.6 %20.7 %35.0 %
Economic value added (EVA)-4.2378.323.69-4.78
Solvency
Equity ratio50.7 %81.4 %90.8 %88.6 %
Gearing82.6 %20.2 %6.9 %5.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.23.69.27.9
Current ratio1.23.69.27.9
Cash and cash equivalents1 447.701 085.501 353.411 792.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:33.2%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.6%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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