MARTENSEN REVISION ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MARTENSEN REVISION ApS
MARTENSEN REVISION ApS (CVR number: 11883230) is a company from HADERSLEV. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a decline of -19.1 % compared to the previous year. The operating profit percentage was at 46.6 % (EBIT: 0.3 mDKK), while net earnings were 1027.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.1 %, which can be considered excellent and Return on Equity (ROE) was 31.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.1 %, 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. MARTENSEN REVISION ApS's liquidity measured by quick ratio was 11.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 440.19 | 626.89 | 713.13 | 883.35 | 714.29 |
Gross profit | 349.03 | 528.99 | 595.00 | 760.80 | 624.38 |
EBIT | 124.62 | 343.35 | 412.43 | 459.08 | 332.78 |
Net earnings | 171.83 | 287.77 | 227.43 | 277.44 | 1 027.77 |
Shareholders equity total | 1 571.94 | 1 859.71 | 2 030.64 | 2 750.88 | 3 719.75 |
Balance sheet total (assets) | 4 182.09 | 4 180.56 | 3 977.76 | 4 698.01 | 5 799.84 |
Net debt | 437.45 | 332.57 | 472.18 | 375.14 | -2 171.78 |
Profitability | |||||
EBIT-% | 28.3 % | 54.8 % | 57.8 % | 52.0 % | 46.6 % |
ROA | 5.1 % | 8.6 % | 13.8 % | 13.7 % | 25.1 % |
ROE | 11.4 % | 16.8 % | 11.7 % | 11.6 % | 31.8 % |
ROI | 6.3 % | 10.5 % | 7.4 % | 8.0 % | 27.2 % |
Economic value added (EVA) | -25.27 | 177.20 | 249.19 | 274.90 | 106.26 |
Solvency | |||||
Equity ratio | 37.6 % | 44.5 % | 51.0 % | 58.6 % | 64.1 % |
Gearing | 93.7 % | 75.1 % | 65.0 % | 45.3 % | 31.5 % |
Relative net indebtedness % | 299.0 % | 152.8 % | 112.1 % | 76.7 % | -232.5 % |
Liquidity | |||||
Quick ratio | 1.4 | 1.9 | 2.8 | 3.4 | 11.4 |
Current ratio | 1.4 | 1.9 | 2.8 | 3.4 | 11.4 |
Cash and cash equivalents | 1 035.40 | 1 063.97 | 848.69 | 870.19 | 3 341.71 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 151.7 | 71.1 | 68.9 | 68.4 | 87.8 |
Net working capital % | -81.5 % | 52.4 % | 59.2 % | 54.8 % | 130.8 % |
Credit risk | |||||
Credit rating | A | A | A | AA | A |
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