Martinsvej 1 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Martinsvej 1 ApS
Martinsvej 1 ApS (CVR number: 40899278) is a company from HJØRRING. The company recorded a gross profit of -174.9 kDKK in 2024. The operating profit was -174.9 kDKK, while net earnings were -105.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.9 %, which can be considered poor and Return on Equity (ROE) was -8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.2 %, 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. Martinsvej 1 ApS's liquidity measured by quick ratio was 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -41.92 | -70.12 | - 117.49 | 94.07 | - 174.92 |
| EBIT | -7 712.53 | -5 070.12 | - 909.81 | 94.07 | - 174.92 |
| Net earnings | 5 950.37 | -3 954.69 | - 952.57 | 72.37 | - 105.52 |
| Shareholders equity total | 22 950.37 | 18 995.68 | 18 043.10 | 2 115.47 | 509.96 |
| Balance sheet total (assets) | 54 195.16 | 61 394.10 | 19 212.24 | 2 150.89 | 678.39 |
| Net debt | 12 963.78 | 32 709.35 | -5 526.20 | - 630.99 | - 627.48 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -14.2 % | -8.8 % | -1.4 % | 1.4 % | -8.9 % |
| ROE | 25.9 % | -18.9 % | -5.1 % | 0.7 % | -8.0 % |
| ROI | -16.8 % | -10.3 % | -1.6 % | 1.5 % | -9.5 % |
| Economic value added (EVA) | -6 015.77 | -6 255.25 | -3 332.05 | - 833.29 | - 242.74 |
| Solvency | |||||
| Equity ratio | 42.3 % | 30.9 % | 93.9 % | 98.4 % | 75.2 % |
| Gearing | 92.2 % | 172.3 % | 0.1 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.3 | 0.0 | 16.4 | 60.7 | 4.0 |
| Current ratio | 0.3 | 0.0 | 16.4 | 60.7 | 4.0 |
| Cash and cash equivalents | 8 189.68 | 16.43 | 5 526.20 | 630.99 | 628.01 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BB | BB | B |
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