FONDEN MARTHAHJEMMET — Credit Rating and Financial Key Figures

CVR number: 21417270
Brohusgade 7-9, 2200 København N
tel: 35397704

Credit rating

Company information

Official name
FONDEN MARTHAHJEMMET
Personnel
3 persons
Established
1999
Industry

About FONDEN MARTHAHJEMMET

FONDEN MARTHAHJEMMET (CVR number: 21417270) is a company from KØBENHAVN. The company reported a net sales of 3 mDKK in 2023, demonstrating a growth of 30.4 % compared to the previous year. The operating profit percentage was at 56.5 % (EBIT: 1.7 mDKK), while net earnings were 5498.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good and Return on Equity (ROE) was 11.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 72.2 %, 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. FONDEN MARTHAHJEMMET's liquidity measured by quick ratio was 21.1 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 sales2 323.791 957.632 004.912 269.382 959.03
Gross profit1 569.321 163.691 210.595 110.982 270.70
EBIT1 232.81786.21804.844 562.111 671.87
Net earnings5 661.565 951.838 657.34-1 111.615 498.37
Shareholders equity total33 432.9736 768.8045 151.1444 039.5449 537.90
Balance sheet total (assets)48 970.5054 285.8564 144.9962 756.6268 656.23
Net debt-14 562.54-19 071.66-26 869.83-16 733.64-19 121.00
Profitability
EBIT-%53.1 %40.2 %40.1 %201.0 %56.5 %
ROA15.8 %13.2 %16.8 %14.4 %10.7 %
ROE18.4 %17.0 %21.1 %-2.5 %11.8 %
ROI16.0 %13.8 %17.8 %15.2 %11.0 %
Economic value added (EVA)233.6218.99-59.045 402.79310.43
Solvency
Equity ratio68.3 %67.7 %70.4 %70.2 %72.2 %
Gearing43.0 %39.2 %33.7 %36.4 %35.9 %
Relative net indebtedness %-576.1 %-814.8 %-1150.9 %-618.2 %-601.4 %
Liquidity
Quick ratio16.812.28.98.521.1
Current ratio16.812.28.98.521.1
Cash and cash equivalents28 925.1433 467.0842 068.1432 746.7736 912.63
Capital use efficiency
Trade debtors turnover (days)52.047.2105.8
Net working capital %-7.5 %-128.2 %-220.4 %-112.3 %-23.0 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:10.7%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.2%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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