MADS NØRGAARD - COPENHAGEN A/S — Credit Rating and Financial Key Figures

CVR number: 30582136
Amagertorv 15, 1160 København K
tel: 33320139

Credit rating

Company information

Official name
MADS NØRGAARD - COPENHAGEN A/S
Personnel
69 persons
Established
2007
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About MADS NØRGAARD - COPENHAGEN A/S

MADS NØRGAARD - COPENHAGEN A/S (CVR number: 30582136) is a company from KØBENHAVN. The company recorded a gross profit of 40.7 mDKK in 2023. The operating profit was 6905.5 kDKK, while net earnings were 5272.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good and Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 68.6 %, 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. MADS NØRGAARD - COPENHAGEN A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit33 573.0039 898.0058 361.0044 983.1840 719.91
EBIT8 141.0010 503.0025 261.009 871.526 905.48
Net earnings6 182.007 992.0019 418.007 346.975 272.78
Shareholders equity total33 531.0039 523.0055 941.0053 287.7753 560.55
Balance sheet total (assets)54 624.0070 997.0093 685.0080 886.3278 432.15
Net debt-16 136.27-12 004.67
Profitability
EBIT-%
ROA15.4 %16.7 %30.7 %11.4 %9.2 %
ROE19.7 %21.9 %40.7 %13.5 %9.9 %
ROI19.2 %16.7 %30.7 %13.5 %13.2 %
Economic value added (EVA)6 759.478 818.0723 274.974 901.483 533.81
Solvency
Equity ratio100.0 %100.0 %100.0 %66.2 %68.6 %
Gearing0.2 %4.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.4
Current ratio2.93.0
Cash and cash equivalents16 228.5214 136.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAAAAA

Variable visualization

ROA:9.16%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.6%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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