MARTIN LYNGE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 30240537
Magdelonevej 6, 9000 Aalborg

Company information

Official name
MARTIN LYNGE HOLDING ApS
Established
2007
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales618.45767.97583.51596.54332.40
Gross profit611.26758.42567.49585.34321.52
EBIT611.26758.42567.49585.34142.57
Net earnings599.52751.00470.04532.60123.74
Shareholders equity total1 340.841 981.242 338.282 756.482 762.41
Balance sheet total (assets)1 448.682 144.982 510.132 951.462 955.88
Net debt-13.01- 366.33- 723.87- 584.96- 564.89
Profitability
EBIT-%98.8 %98.8 %97.3 %98.1 %42.9 %
ROA46.1 %42.2 %24.4 %21.4 %4.8 %
ROE54.7 %45.2 %21.8 %20.9 %4.5 %
ROI55.8 %45.7 %26.3 %23.0 %5.2 %
Economic value added (EVA)642.42789.75596.00612.23191.36
Solvency
Equity ratio92.6 %92.4 %93.2 %93.4 %93.5 %
Gearing
Relative net indebtedness %15.3 %-26.4 %-94.6 %-65.4 %-111.7 %
Liquidity
Quick ratio0.22.34.33.13.0
Current ratio0.23.75.74.83.7
Cash and cash equivalents13.01366.33723.87584.96564.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-13.7 %44.5 %119.2 %110.3 %141.6 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:4.84%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.5%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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