FORTIN MADREJON A/S — Credit Rating and Financial Key Figures

CVR number: 29608229
Skaarupgaard 59, Tolne 9870 Sindal

Company information

Official name
FORTIN MADREJON A/S
Established
2006
Domicile
Tolne
Company form
Limited company
Industry

About FORTIN MADREJON A/S

FORTIN MADREJON A/S (CVR number: 29608229) is a company from HJØRRING. The company recorded a gross profit of -601.9 kDKK in 2023. The operating profit was -601.9 kDKK, while net earnings were 3487.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor but Return on Equity (ROE) was 12.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 32.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FORTIN MADREJON A/S's liquidity measured by quick ratio was 114.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 321.02- 475.73- 601.91
EBIT- 933.65- 466.57- 321.02- 475.73- 601.91
Net earnings-14 358.69-4 567.01- 353.18-2 301.513 487.45
Shareholders equity total3 849.471 836.031 482.8514 159.7742 185.20
Balance sheet total (assets)90 335.4679 800.7185 092.59103 030.35131 511.52
Net debt-48.01- 708.60- 395.81- 515.79-44.54
Profitability
EBIT-%
ROA-12.1 %18.5 %0.9 %2.4 %-0.7 %
ROE-174.4 %-160.7 %-21.3 %-29.4 %12.4 %
ROI-12.1 %0.6 %6.4 %2.4 %4.5 %
Economic value added (EVA)-1 175.65- 784.44- 284.57- 441.95-1 240.52
Solvency
Equity ratio4.3 %2.3 %1.7 %13.7 %32.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio303.2562.3343.6431.8114.3
Current ratio303.2562.3343.6431.8114.3
Cash and cash equivalents48.01708.60395.81515.7944.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:-0.66%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.1%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Chief executive officer

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