MARTIN ERICHSEN ApS

 

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Analyst: XBRLDenmark
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Bankruptcy Risk 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  7.1% 10.0% 4.7% 4.4% 3.2%  
Credit score (0-100)  35 26 45 46 55  
Credit rating  BB B BB BB BB  
Credit limit (kDKK)  0.0 0.0 0.0 0.0 0.0  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12

Net sales  0 0 0 0 0  
Gross profit  676 450 541 1,770 2,980  
EBITDA  -106 -247 -10.4 1,655 1,669  
EBIT  -109 -249 -12.8 1,650 1,669  
Pre-tax profit (PTP)  -110.9 -253.7 -5.8 1,674.3 1,440.4  
Net earnings  -224.3 22.8 -5.8 1,216.9 1,121.6  
Pre-tax profit without non-rec. items  -111 -254 -5.8 1,674 1,440  

 
See the entire income statement

Balance sheet (kDKK) 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12

Tangible assets total  10.0 7.5 5.1 0.0 0.0  
Shareholders equity total  103 126 120 1,337 2,458  
Interest-bearing liabilities  69.3 47.0 46.9 33.3 244  
Balance sheet total (assets)  289 456 389 1,914 3,293  

Net Debt  -49.7 36.5 -131 -1,682 -2,865  
 
See the entire balance sheet

Volume 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  676 450 541 1,770 2,980  
Gross profit growth  355.0% -33.5% 20.4% 227.0% 68.4%  
Employees  1 1 1 1 1  
Employee growth %  0.0% 0.0% 0.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  289 456 389 1,914 3,293  
Balance sheet change%  -35.2% 58.0% -14.8% 392.0% 72.0%  
Added value  -108.8 -249.0 -12.8 1,650.1 1,669.2  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  -5 -5 -5 -10 0  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  -3.0 -4.0 -5.0 1.0 2.0  

Profitability 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  -16.1% -55.4% -2.4% 93.2% 56.0%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  -29.6% -66.6% 4.2% 145.9% 64.1%  
ROI %  -43.3% -144.0% 10.4% 218.6% 82.0%  
ROE %  -104.3% 20.0% -4.7% 167.1% 59.1%  

Solidity 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
Equity ratio %  35.6% 27.5% 30.8% 69.8% 74.7%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  46.7% -14.8% 1,258.3% -101.6% -171.6%  
Gearing %  67.4% 37.4% 39.1% 2.5% 9.9%  
Net interest  0 0 0 0 0  
Financing costs %  5.7% 9.4% 49.9% 13.9% 165.6%  

Liquidity 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
Quick Ratio  1.5 1.4 1.4 3.3 3.9  
Current Ratio  1.5 1.4 1.4 3.3 3.9  
Cash and cash equivalent  119.0 10.5 177.9 1,715.6 3,109.0  

Capital use efficiency 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  92.9 118.2 114.8 307.2 645.7  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
Net sales / employee  0 0 0 0 0  
Added value / employee  -109 -249 -13 1,650 1,669  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  -106 -247 -10 1,655 1,669  
EBIT / employee  -109 -249 -13 1,650 1,669  
Net earnings / employee  -224 23 -6 1,217 1,122