MARTIN LYNGE HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MARTIN LYNGE HOLDING ApS
MARTIN LYNGE HOLDING ApS (CVR number: 30240537) is a company from AALBORG. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a decline of -44.3 % compared to the previous year. The operating profit percentage was at 42.9 % (EBIT: 0.1 mDKK), while net earnings were 123.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent and Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 93.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MARTIN LYNGE HOLDING ApS's liquidity measured by quick ratio was 3 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 | 618.45 | 767.97 | 583.51 | 596.54 | 332.40 |
Gross profit | 611.26 | 758.42 | 567.49 | 585.34 | 321.52 |
EBIT | 611.26 | 758.42 | 567.49 | 585.34 | 142.57 |
Net earnings | 599.52 | 751.00 | 470.04 | 532.60 | 123.74 |
Shareholders equity total | 1 340.84 | 1 981.24 | 2 338.28 | 2 756.48 | 2 762.41 |
Balance sheet total (assets) | 1 448.68 | 2 144.98 | 2 510.13 | 2 951.46 | 2 955.88 |
Net debt | -13.01 | - 366.33 | - 723.87 | - 584.96 | - 564.89 |
Profitability | |||||
EBIT-% | 98.8 % | 98.8 % | 97.3 % | 98.1 % | 42.9 % |
ROA | 46.1 % | 42.2 % | 24.4 % | 21.4 % | 4.8 % |
ROE | 54.7 % | 45.2 % | 21.8 % | 20.9 % | 4.5 % |
ROI | 55.8 % | 45.7 % | 26.3 % | 23.0 % | 5.2 % |
Economic value added (EVA) | 642.42 | 789.75 | 596.00 | 612.23 | 191.36 |
Solvency | |||||
Equity ratio | 92.6 % | 92.4 % | 93.2 % | 93.4 % | 93.5 % |
Gearing | |||||
Relative net indebtedness % | 15.3 % | -26.4 % | -94.6 % | -65.4 % | -111.7 % |
Liquidity | |||||
Quick ratio | 0.2 | 2.3 | 4.3 | 3.1 | 3.0 |
Current ratio | 0.2 | 3.7 | 5.7 | 4.8 | 3.7 |
Cash and cash equivalents | 13.01 | 366.33 | 723.87 | 584.96 | 564.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -13.7 % | 44.5 % | 119.2 % | 110.3 % | 141.6 % |
Credit risk | |||||
Credit rating | A | AA | A | AA | A |
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