MAX FODGAARD A/S — Credit Rating and Financial Key Figures

CVR number: 24179818
Sydholmen 10, 2650 Hvidovre
max@fodgaard.dk
tel: 70261700
www.fodgaard.dk

Credit rating

Company information

Official name
MAX FODGAARD A/S
Personnel
66 persons
Established
1962
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About MAX FODGAARD A/S

MAX FODGAARD A/S (CVR number: 24179818) is a company from HVIDOVRE. The company recorded a gross profit of 89.1 mDKK in 2024. The operating profit was 40.7 mDKK, while net earnings were 34.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 22.4 %, which can be considered excellent and Return on Equity (ROE) was 21.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MAX FODGAARD A/S's liquidity measured by quick ratio was 2.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit47 433.0049 973.0055 195.0083 478.2489 089.46
EBIT7 553.0012 175.0016 014.0037 384.2940 724.94
Net earnings7 938.0011 616.0012 024.0030 915.3934 686.35
Shareholders equity total94 550.00104 816.00115 340.00144 255.04176 941.39
Balance sheet total (assets)118 001.00130 103.00145 632.00180 042.71219 090.86
Net debt-46 427.85-44 571.47
Profitability
EBIT-%
ROA6.7 %9.8 %11.6 %24.4 %22.4 %
ROE8.7 %11.7 %10.9 %23.8 %21.6 %
ROI6.7 %9.8 %11.6 %27.3 %27.6 %
Economic value added (EVA)3 150.557 423.8610 747.0023 326.2826 743.13
Solvency
Equity ratio100.0 %100.0 %100.0 %80.3 %80.9 %
Gearing0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.82.9
Current ratio4.64.8
Cash and cash equivalents46 500.3144 666.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:22.4%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.9%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member

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