Mads B Madsen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mads B Madsen ApS
Mads B Madsen ApS (CVR number: 38391720) is a company from SILKEBORG. The company recorded a gross profit of -9.1 kDKK in 2023. The operating profit was -9.1 kDKK, while net earnings were 45.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent and Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 80.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Mads B Madsen ApS's liquidity measured by quick ratio was 3.1 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 | 923.62 | ||||
Gross profit | 331.78 | 721.77 | 155.18 | -21.80 | -9.13 |
EBIT | -83.18 | 565.64 | 135.72 | -21.80 | -9.13 |
Net earnings | - 103.15 | 427.90 | 237.69 | 121.83 | 45.29 |
Shareholders equity total | 108.04 | 535.93 | 773.62 | 838.26 | 824.65 |
Balance sheet total (assets) | 790.13 | 1 025.97 | 938.41 | 954.62 | 1 022.81 |
Net debt | 466.14 | - 370.54 | -26.89 | 79.88 | 156.16 |
Profitability | |||||
EBIT-% | -9.0 % | ||||
ROA | -9.0 % | 62.3 % | 28.0 % | 12.8 % | 5.4 % |
ROE | -64.6 % | 132.9 % | 36.3 % | 15.1 % | 5.4 % |
ROI | -10.7 % | 82.5 % | 36.7 % | 13.9 % | 5.6 % |
Economic value added (EVA) | -81.60 | 435.76 | 100.24 | -21.47 | -19.46 |
Solvency | |||||
Equity ratio | 13.7 % | 52.2 % | 82.4 % | 87.8 % | 80.6 % |
Gearing | 431.5 % | 12.9 % | 9.5 % | 18.9 % | |
Relative net indebtedness % | 73.8 % | ||||
Liquidity | |||||
Quick ratio | 0.2 | 1.2 | 3.5 | 3.7 | 3.1 |
Current ratio | 0.2 | 1.2 | 3.5 | 3.7 | 3.1 |
Cash and cash equivalents | 439.78 | 26.89 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 36.8 | ||||
Net working capital % | -46.2 % | ||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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