Mads Vindahl Andersen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mads Vindahl Andersen ApS
Mads Vindahl Andersen ApS (CVR number: 39837471) is a company from HELSINGØR. The company recorded a gross profit of 526.4 kDKK in 2023. The operating profit was 19.7 kDKK, while net earnings were -1.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.4 %, 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. Mads Vindahl Andersen ApS's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 500.03 | 353.19 | 407.91 | 557.37 | 526.37 |
EBIT | 173.09 | 2.56 | 1.59 | 0.38 | 19.69 |
Net earnings | 135.52 | -3.69 | -6.61 | -9.27 | -1.87 |
Shareholders equity total | 185.52 | 181.83 | 175.22 | 165.94 | 164.08 |
Balance sheet total (assets) | 467.05 | 527.17 | 504.92 | 642.17 | 644.85 |
Net debt | 65.32 | -66.35 | - 112.76 | - 194.64 | - 115.30 |
Profitability | |||||
EBIT-% | |||||
ROA | 37.1 % | 0.5 % | 0.3 % | 0.1 % | 3.1 % |
ROE | 73.0 % | -2.0 % | -3.7 % | -5.4 % | -1.1 % |
ROI | 49.9 % | 0.7 % | 0.4 % | 0.1 % | 4.4 % |
Economic value added (EVA) | 135.52 | -1.99 | 5.87 | 8.34 | 33.57 |
Solvency | |||||
Equity ratio | 39.7 % | 34.5 % | 34.7 % | 25.8 % | 25.4 % |
Gearing | 86.4 % | 113.7 % | 126.7 % | 149.1 % | 196.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.3 | 1.3 | 1.3 | 1.3 |
Current ratio | 1.2 | 1.3 | 1.3 | 1.3 | 1.3 |
Cash and cash equivalents | 94.96 | 273.04 | 334.70 | 442.10 | 437.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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