Martin IT Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38256432
Byvangen 58, 8700 Horsens
Free credit report Annual report

Company information

Official name
Martin IT Holding ApS
Established
2016
Company form
Private limited company
Industry

About Martin IT Holding ApS

Martin IT Holding ApS (CVR number: 38256432) is a company from HORSENS. The company recorded a gross profit of -2.7 kDKK in 2024. The operating profit was 29.3 kDKK, while net earnings were 520.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.2 %, which can be considered excellent and Return on Equity (ROE) was 41.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 87.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Martin IT Holding ApS's liquidity measured by quick ratio was 8.5 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 profit-3.00-3.50-3.97-2.66
EBIT-2.73-3.00-3.50-3.9729.29
Net earnings244.75-61.001 015.47-2.77520.61
Shareholders equity total362.61187.001 088.981 027.311 489.01
Balance sheet total (assets)368.86250.001 233.461 230.011 696.03
Net debt- 301.80-9.00- 538.75- 491.14- 478.13
Profitability
EBIT-%
ROA119.2 %-1.0 %141.5 %-0.2 %36.2 %
ROE81.5 %-22.2 %159.2 %-0.3 %41.4 %
ROI75.1 %-1.0 %145.6 %-0.2 %38.5 %
Economic value added (EVA)-15.11-20.82-14.51-64.67-35.53
Solvency
Equity ratio98.3 %74.8 %88.3 %83.5 %87.8 %
Gearing1.4 %25.1 %10.9 %11.6 %8.0 %
Relative net indebtedness %
Liquidity
Quick ratio51.81.44.89.18.5
Current ratio51.81.44.89.18.5
Cash and cash equivalents306.8056.00657.70610.09597.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBA

Variable visualization

ROA:36.2%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.8%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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