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MADS VIGH HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MADS VIGH HOLDING ApS
MADS VIGH HOLDING ApS (CVR number: 32466680) is a company from AARHUS. The company reported a net sales of 0.1 mDKK in 2024, demonstrating a decline of -61.1 % compared to the previous year. The operating profit percentage was at 96.4 % (EBIT: 0.1 mDKK), while net earnings were 31.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70.8 %, 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 VIGH HOLDING ApS's liquidity measured by quick ratio was 3.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 105.00 | 105.00 | 105.00 | 270.00 | 105.00 |
| Gross profit | 103.60 | 102.20 | 102.08 | 267.72 | 101.25 |
| EBIT | 103.60 | 102.20 | 102.08 | 267.72 | 101.25 |
| Net earnings | 136.61 | -74.42 | 256.73 | 243.64 | 31.57 |
| Shareholders equity total | 629.48 | 442.06 | 698.80 | 824.64 | 856.21 |
| Balance sheet total (assets) | 798.47 | 676.07 | 983.02 | 1 186.41 | 1 208.54 |
| Net debt | - 671.69 | - 439.00 | - 758.94 | - 864.47 | - 879.72 |
| Profitability | |||||
| EBIT-% | 98.7 % | 97.3 % | 97.2 % | 99.2 % | 96.4 % |
| ROA | 23.7 % | -12.3 % | 41.2 % | 30.0 % | 4.4 % |
| ROE | 22.2 % | -13.9 % | 45.0 % | 32.0 % | 3.8 % |
| ROI | 25.6 % | -12.9 % | 43.7 % | 31.7 % | 4.6 % |
| Economic value added (EVA) | 48.24 | 41.78 | 46.97 | 162.86 | 21.81 |
| Solvency | |||||
| Equity ratio | 78.8 % | 65.4 % | 71.1 % | 69.5 % | 70.8 % |
| Gearing | 19.9 % | 47.0 % | 30.9 % | 37.9 % | 37.9 % |
| Relative net indebtedness % | -598.3 % | -393.1 % | -657.6 % | -302.1 % | -810.9 % |
| Liquidity | |||||
| Quick ratio | 4.7 | 2.9 | 3.5 | 3.3 | 3.4 |
| Current ratio | 4.7 | 2.9 | 3.5 | 3.3 | 3.4 |
| Cash and cash equivalents | 797.17 | 646.75 | 974.69 | 1 177.38 | 1 203.80 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 409.3 % | -94.4 % | -227.0 % | 305.4 % | -181.4 % |
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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