Credit rating
Company information
About DENNIS MADSEN HOLDING ApS
DENNIS MADSEN HOLDING ApS (CVR number: 35248781) is a company from TÅRNBY. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 0 kDKK, while net earnings were 22.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent and Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 78.4 %, 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. DENNIS MADSEN HOLDING ApS's liquidity measured by quick ratio was 8.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 19.20 | -0.00 | -0.13 | ||
EBIT | 19.20 | -0.00 | -0.13 | ||
Net earnings | 14.88 | 60.21 | 254.61 | -47.06 | 22.63 |
Shareholders equity total | 92.02 | 152.23 | 406.84 | 287.28 | 309.90 |
Balance sheet total (assets) | 156.86 | 217.51 | 472.12 | 372.53 | 395.16 |
Net debt | 4.84 | 4.84 | 4.85 | -14.64 | -14.64 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.0 % | 32.4 % | 73.8 % | -11.1 % | 5.9 % |
ROE | 17.6 % | 49.3 % | 91.1 % | -13.6 % | 7.6 % |
ROI | 14.8 % | 33.9 % | 81.9 % | -13.2 % | 7.4 % |
Economic value added (EVA) | 13.10 | -2.12 | 1.69 | 11.41 | -10.84 |
Solvency | |||||
Equity ratio | 58.7 % | 70.0 % | 86.2 % | 77.1 % | 78.4 % |
Gearing | 6.2 % | 3.8 % | 1.4 % | 2.0 % | 1.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.8 | 6.6 | 8.7 | 8.2 | 8.2 |
Current ratio | 7.8 | 6.6 | 8.7 | 8.2 | 8.2 |
Cash and cash equivalents | 0.91 | 0.91 | 0.90 | 20.41 | 20.41 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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