OLE MADSEN BYG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About OLE MADSEN BYG ApS
OLE MADSEN BYG ApS (CVR number: 35480412) is a company from VIBORG. The company recorded a gross profit of 689.9 kDKK in 2024. The operating profit was -210.4 kDKK, while net earnings were -203 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.4 %, which can be considered poor and Return on Equity (ROE) was -12.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.7 %, 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. OLE MADSEN BYG ApS's liquidity measured by quick ratio was 11.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 313.36 | 1 748.49 | 1 059.87 | 732.92 | 689.86 |
EBIT | 889.90 | 538.62 | 365.31 | 13.95 | - 210.38 |
Net earnings | 635.46 | 378.38 | 231.98 | 7.64 | - 202.99 |
Shareholders equity total | 1 282.18 | 1 460.57 | 1 692.56 | 1 700.20 | 1 497.21 |
Balance sheet total (assets) | 2 391.69 | 2 385.86 | 3 038.43 | 1 924.63 | 1 879.09 |
Net debt | - 640.29 | -1 001.44 | -80.95 | -1 309.56 | - 324.45 |
Profitability | |||||
EBIT-% | |||||
ROA | 40.9 % | 23.6 % | 14.0 % | 1.1 % | -10.4 % |
ROE | 65.9 % | 27.6 % | 14.7 % | 0.5 % | -12.7 % |
ROI | 58.8 % | 35.0 % | 17.9 % | 1.3 % | -11.3 % |
Economic value added (EVA) | 681.67 | 388.53 | 270.44 | -27.92 | - 228.72 |
Solvency | |||||
Equity ratio | 53.6 % | 61.2 % | 55.7 % | 88.3 % | 79.7 % |
Gearing | 23.1 % | 11.6 % | 50.1 % | 2.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 2.3 | 1.6 | 8.5 | 11.4 |
Current ratio | 2.5 | 2.3 | 1.6 | 8.5 | 11.4 |
Cash and cash equivalents | 936.05 | 1 171.45 | 928.54 | 1 309.56 | 357.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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