Martin Ahle ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Martin Ahle ApS
Martin Ahle ApS (CVR number: 12665180) is a company from HERNING. The company recorded a gross profit of 433 kDKK in 2023. The operating profit was -101.7 kDKK, while net earnings were -319.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -14.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Martin Ahle ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 193.26 | 1 121.76 | 571.90 | 1 611.34 | 433.04 |
EBIT | 928.99 | 818.22 | 293.30 | 1 292.87 | - 101.66 |
Net earnings | 686.62 | 602.61 | 207.69 | 849.39 | - 319.12 |
Shareholders equity total | 1 648.11 | 2 250.72 | 2 458.40 | 2 827.80 | 1 658.68 |
Balance sheet total (assets) | 5 382.85 | 6 079.27 | 6 715.23 | 8 214.06 | 7 611.76 |
Net debt | 113.27 | 163.03 | 249.95 | 836.75 | 1 721.13 |
Profitability | |||||
EBIT-% | |||||
ROA | 22.1 % | 14.4 % | 4.7 % | 17.4 % | -1.2 % |
ROE | 52.6 % | 30.9 % | 8.8 % | 32.1 % | -14.2 % |
ROI | 37.5 % | 19.4 % | 6.6 % | 23.6 % | -1.6 % |
Economic value added (EVA) | 675.43 | 561.88 | 144.00 | 890.62 | - 218.73 |
Solvency | |||||
Equity ratio | 30.6 % | 37.0 % | 36.6 % | 34.4 % | 21.8 % |
Gearing | 18.3 % | 16.8 % | 11.9 % | 33.7 % | 112.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.0 | 1.0 | 1.1 | 0.7 |
Current ratio | 1.0 | 1.2 | 1.1 | 1.2 | 0.8 |
Cash and cash equivalents | 188.73 | 213.97 | 42.96 | 116.41 | 147.34 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | BBB |
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