Martens design group ApS — Credit Rating and Financial Key Figures

CVR number: 38029509
Vivaldisvej 153, 9200 Aalborg SV
lma@martenslight.dk
tel: 25705118
www.martenslight.dk

Credit rating

Company information

Official name
Martens design group ApS
Personnel
2 persons
Established
2016
Company form
Private limited company
Industry

About Martens design group ApS

Martens design group ApS (CVR number: 38029509) is a company from AALBORG. The company recorded a gross profit of 343.9 kDKK in 2024. The operating profit was 241.6 kDKK, while net earnings were 396.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.1 %, which can be considered excellent and Return on Equity (ROE) was 50.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.4 %, 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. Martens design group ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit359.11571.97- 241.62260.25343.89
EBIT155.97165.12293.54131.21241.60
Net earnings103.02121.17215.67113.66396.36
Shareholders equity total191.75312.92528.59592.25988.62
Balance sheet total (assets)943.811 011.56861.051 092.171 611.40
Net debt90.48-96.45-3.84232.2995.13
Profitability
EBIT-%
ROA20.3 %16.9 %31.4 %15.3 %34.1 %
ROE73.5 %48.0 %51.3 %20.3 %50.1 %
ROI47.1 %52.1 %65.0 %20.8 %47.1 %
Economic value added (EVA)113.93117.45216.7175.36159.03
Solvency
Equity ratio22.5 %34.0 %61.4 %54.2 %61.4 %
Gearing47.2 %4.3 %39.2 %9.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.91.11.51.4
Current ratio1.11.11.82.32.2
Cash and cash equivalents96.4526.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:34.1%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.4%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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