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MARTIN NØRGAARD HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MARTIN NØRGAARD HOLDING ApS
MARTIN NØRGAARD HOLDING ApS (CVR number: 30360265) is a company from AALBORG. The company recorded a gross profit of -8.8 kDKK in 2024. The operating profit was -8.8 kDKK, while net earnings were 107.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good and Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 76.1 %, 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. MARTIN NØRGAARD HOLDING ApS's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -0.88 | -6.38 | -1.25 | -6.88 | -8.81 |
| EBIT | -0.88 | -6.38 | -1.25 | -6.88 | -8.81 |
| Net earnings | 1.47 | 131.59 | 444.72 | 64.28 | 107.70 |
| Shareholders equity total | 334.56 | 466.15 | 910.87 | 857.35 | 843.06 |
| Balance sheet total (assets) | 363.43 | 789.64 | 1 034.66 | 1 065.94 | 1 108.39 |
| Net debt | -34.63 | -24.49 | -20.74 | -13.82 | -19.63 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 0.4 % | 22.9 % | 48.8 % | 6.1 % | 10.0 % |
| ROE | 0.4 % | 32.9 % | 64.6 % | 7.3 % | 12.7 % |
| ROI | 0.5 % | 32.9 % | 64.6 % | 7.3 % | 12.7 % |
| Economic value added (EVA) | -17.61 | -23.19 | -24.67 | -52.65 | -51.89 |
| Solvency | |||||
| Equity ratio | 92.1 % | 59.0 % | 88.0 % | 80.4 % | 76.1 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.2 | 0.1 | 0.2 | 1.6 | 1.3 |
| Current ratio | 1.2 | 0.1 | 0.2 | 1.6 | 1.3 |
| Cash and cash equivalents | 34.63 | 24.49 | 20.74 | 13.82 | 19.63 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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