MAX FODGAARD A/S

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
67 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 83.5 mDKK in 2023. The operating profit was 37.4 mDKK, while net earnings were 30.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 24.4 %, which can be considered excellent and Return on Equity (ROE) was 23.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.3 %, 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 2.8 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
20192020202120222023
Volume
Net sales
Gross profit45 742.0047 433.0049 973.0055 194.7983 478.24
EBIT9 227.007 553.0012 175.0016 014.4037 384.29
Net earnings8 358.007 938.0011 616.0012 023.5430 915.39
Shareholders equity total87 611.0094 550.00104 816.00115 339.65144 255.04
Balance sheet total (assets)107 151.00118 001.00130 103.00145 631.67180 042.71
Net debt-27 374.61-46 427.85
Profitability
EBIT-%
ROA8.8 %6.7 %9.8 %13.2 %24.4 %
ROE10.0 %8.7 %11.7 %10.9 %23.8 %
ROI9.7 %6.7 %9.8 %14.7 %30.3 %
Economic value added (EVA)6 271.833 150.557 423.867 194.8324 706.79
Solvency
Equity ratio100.0 %100.0 %100.0 %80.0 %80.3 %
Gearing0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.8
Current ratio4.44.6
Cash and cash equivalents27 472.3846 500.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAAAA

Variable visualization

ROA:24.4%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.3%
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
Chief executive officer
Board member

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