OVE MADSEN HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 14248595
Haralds Plads 8, 8722 Hedensted
bodil@ravnolsen.dk
tel: 21541213

Company information

Official name
OVE MADSEN HOLDING A/S
Personnel
1 person
Established
1990
Company form
Limited company
Industry

About OVE MADSEN HOLDING A/S

OVE MADSEN HOLDING A/S (CVR number: 14248595) is a company from HEDENSTED. The company recorded a gross profit of -8.3 kDKK in 2024. The operating profit was -8.3 kDKK, while net earnings were 847.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good and Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 77.2 %, 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. OVE MADSEN HOLDING A/S's liquidity measured by quick ratio was 3.7 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 profit- 168.63- 178.11- 141.35- 125.02-8.27
EBIT- 457.16- 470.16- 549.87- 480.61-8.27
Net earnings1 747.58713.47- 833.53- 506.76847.07
Shareholders equity total10 909.4211 072.899 639.368 732.609 407.67
Balance sheet total (assets)15 529.3814 734.2213 382.3611 918.1312 193.68
Net debt-7 041.24-7 551.79-6 181.57-6 552.21-7 509.01
Profitability
EBIT-%
ROA10.3 %8.0 %-3.3 %-0.4 %9.9 %
ROE17.2 %6.5 %-8.0 %-5.5 %9.3 %
ROI13.6 %8.1 %-3.3 %-0.4 %10.1 %
Economic value added (EVA)-1 131.79-1 135.21-1 161.12-1 040.71- 592.89
Solvency
Equity ratio70.3 %75.2 %72.0 %73.3 %77.2 %
Gearing41.5 %31.5 %37.4 %33.7 %29.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.13.83.53.63.7
Current ratio3.13.83.53.63.7
Cash and cash equivalents11 569.7111 036.059 790.949 490.9510 246.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBA

Variable visualization

ROA:9.94%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.2%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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