Heitmann Madsen Administration ApS — Credit Rating and Financial Key Figures

CVR number: 26890020
Hærvejen 8, 6230 Rødekro
frank@etuforsikring.dk
tel: 25363408

Credit rating

Company information

Official name
Heitmann Madsen Administration ApS
Personnel
1 person
Established
2002
Company form
Private limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About Heitmann Madsen Administration ApS

Heitmann Madsen Administration ApS (CVR number: 26890020) is a company from AABENRAA. The company recorded a gross profit of 2302.3 kDKK in 2023. The operating profit was 2274 kDKK, while net earnings were 2330.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.8 %, which can be considered excellent and Return on Equity (ROE) was 25.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.1 %, 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. Heitmann Madsen Administration ApS's liquidity measured by quick ratio was 3.1 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 profit4 077.963 723.242 224.612 489.662 302.33
EBIT3 127.653 128.442 185.462 448.812 274.02
Net earnings2 801.673 011.092 640.73424.392 330.84
Shareholders equity total2 965.185 976.278 560.708 379.0910 109.93
Balance sheet total (assets)7 549.6210 371.2713 102.0312 594.6214 431.14
Net debt734.67753.601 285.041 643.152 405.87
Profitability
EBIT-%
ROA35.9 %42.3 %27.6 %25.0 %21.8 %
ROE67.7 %67.4 %36.3 %5.0 %25.2 %
ROI39.0 %49.5 %34.9 %32.1 %26.0 %
Economic value added (EVA)2 398.092 420.351 544.171 490.801 551.00
Solvency
Equity ratio39.0 %57.6 %65.3 %66.5 %70.1 %
Gearing37.7 %13.1 %15.0 %19.6 %23.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.52.93.52.93.1
Current ratio2.52.93.52.93.1
Cash and cash equivalents384.4131.792.190.030.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:21.8%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.1%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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