Madsen Funeral Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40235418
Tusindbenet 7, 7190 Billund
claustmadsen@stofanet.dk

Company information

Official name
Madsen Funeral Holding ApS
Personnel
2 persons
Established
2019
Company form
Private limited company
Industry

About Madsen Funeral Holding ApS

Madsen Funeral Holding ApS (CVR number: 40235418) is a company from BILLUND. The company recorded a gross profit of 384.4 kDKK in 2024. The operating profit was -86.7 kDKK, while net earnings were 4328.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good and Return on Equity (ROE) was 13.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 67.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Madsen Funeral Holding ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit49.27201.47160.33238.36384.38
EBIT44.24192.9075.75128.60-86.66
Net earnings2 611.103 724.03- 648.215 118.064 328.87
Shareholders equity total14 969.0518 393.0724 464.9929 465.2533 672.12
Balance sheet total (assets)15 240.8518 600.1826 140.9529 561.7549 825.13
Net debt-2 393.69-5 832.54-7 259.60-9 591.0015 765.78
Profitability
EBIT-%
ROA17.8 %23.4 %1.8 %21.3 %12.0 %
ROE19.0 %22.3 %-3.0 %19.0 %13.7 %
ROI18.0 %23.7 %1.8 %21.4 %12.1 %
Economic value added (EVA)568.81- 223.87- 412.50- 184.53- 562.14
Solvency
Equity ratio98.2 %98.9 %93.6 %99.7 %67.6 %
Gearing6.4 %47.4 %
Relative net indebtedness %
Liquidity
Quick ratio20.051.96.1120.30.2
Current ratio20.051.96.1120.30.2
Cash and cash equivalents2 393.695 832.548 830.249 591.00211.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:12.0%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.6%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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