MARTIN SØLYST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MARTIN SØLYST ApS
MARTIN SØLYST ApS (CVR number: 29414122) is a company from HOLBÆK. The company recorded a gross profit of 616.2 kDKK in 2023. The operating profit was -82.6 kDKK, while net earnings were -84.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -29.7 %, which can be considered poor and Return on Equity (ROE) was -94.8 %, 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. MARTIN SØLYST ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 672.34 | 532.71 | 781.07 | 580.48 | 616.16 |
EBIT | 52.27 | -28.43 | 14.75 | 30.71 | -82.65 |
Net earnings | 36.65 | -25.09 | 88.94 | 17.31 | -84.78 |
Shareholders equity total | 88.71 | 25.61 | 114.55 | 131.87 | 47.08 |
Balance sheet total (assets) | 171.77 | 254.93 | 400.17 | 353.08 | 195.73 |
Net debt | -99.64 | - 178.51 | -80.63 | -67.80 | -23.19 |
Profitability | |||||
EBIT-% | |||||
ROA | 24.7 % | -13.3 % | 4.5 % | 8.2 % | -29.7 % |
ROE | 30.4 % | -43.9 % | 126.9 % | 14.1 % | -94.8 % |
ROI | 43.2 % | -42.4 % | 10.6 % | 14.6 % | -61.5 % |
Economic value added (EVA) | 37.26 | -24.13 | 19.80 | 26.98 | -83.43 |
Solvency | |||||
Equity ratio | 51.6 % | 10.0 % | 28.6 % | 37.3 % | 25.0 % |
Gearing | 46.8 % | 98.9 % | 36.7 % | 52.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 1.1 | 1.0 | 1.1 | 0.6 |
Current ratio | 2.0 | 1.1 | 1.0 | 1.1 | 0.6 |
Cash and cash equivalents | 99.64 | 190.49 | 193.87 | 116.25 | 47.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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