Tømrer Kenneth K. Madsen ApS — Credit Rating and Financial Key Figures

CVR number: 41482788
Mølleskovvej 2, Varho 6690 Gørding

Credit rating

Company information

Official name
Tømrer Kenneth K. Madsen ApS
Personnel
1 person
Established
2020
Domicile
Varho
Company form
Private limited company
Industry

About Tømrer Kenneth K. Madsen ApS

Tømrer Kenneth K. Madsen ApS (CVR number: 41482788) is a company from ESBJERG. The company recorded a gross profit of 689.6 kDKK in 2023. The operating profit was 73.6 kDKK, while net earnings were 53.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good but Return on Equity (ROE) was 16.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.9 %, 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. Tømrer Kenneth K. Madsen ApS's liquidity measured by quick ratio was 1.6 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
Volume
Net sales
Gross profit406.00698.52817.89689.60
EBIT67.00218.33250.9473.61
Net earnings50.00165.98196.0553.52
Shareholders equity total90.00255.62451.68205.19
Balance sheet total (assets)859.00677.17792.31572.14
Net debt- 104.00- 590.54- 626.15- 476.35
Profitability
EBIT-%
ROA7.8 %28.4 %34.4 %10.8 %
ROE55.6 %96.0 %55.4 %16.3 %
ROI13.2 %57.4 %71.5 %22.0 %
Economic value added (EVA)51.54190.37212.5465.67
Solvency
Equity ratio10.5 %37.7 %57.0 %35.9 %
Gearing462.2 %6.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.82.81.6
Current ratio1.11.82.81.6
Cash and cash equivalents520.00590.54626.15488.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:10.8%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.9%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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