MADSENS CYKLER ApS — Credit Rating and Financial Key Figures

MADSENS CYKLER ApS (CVR number: 10086264) is a company from KALUNDBORG. The company recorded a gross profit of 2468.1 kDKK in 2023. The operating profit was 829.8 kDKK, while net earnings were 644.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.3 %, which can be considered excellent and Return on Equity (ROE) was 23.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.2 %, 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. MADSENS CYKLER ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.