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Kaare Madsen ApS — Credit Rating and Financial Key Figures

CVR number: 33585748
Helga Pedersens Gade 79, 8000 Aarhus C
Free credit report Annual report

Company information

Official name
Kaare Madsen ApS
Established
2011
Company form
Private limited company
Industry

About Kaare Madsen ApS

Kaare Madsen ApS (CVR number: 33585748) is a company from AARHUS. The company recorded a gross profit of 7463 kDKK in 2024. The operating profit was 7439.6 kDKK, while net earnings were 7071.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.8 %, which can be considered excellent and Return on Equity (ROE) was 25.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Kaare Madsen ApS's liquidity measured by quick ratio was 16.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit228.27-22.6619 283.881 264.337 463.02
EBIT192.83-26.6519 256.921 260.347 439.62
Net earnings2 658.071 019.6720 846.662 475.167 071.30
Shareholders equity total6 639.574 859.2425 648.7024 423.8730 795.17
Balance sheet total (assets)6 749.694 892.1225 823.8826 305.8432 269.89
Net debt-3 056.96- 867.67-9 659.75-7 360.98-12 649.21
Profitability
EBIT-%
ROA48.8 %28.5 %139.1 %13.5 %27.8 %
ROE49.8 %17.7 %136.7 %9.9 %25.6 %
ROI49.9 %28.8 %139.9 %13.9 %29.2 %
Economic value added (EVA)-10.69- 360.2918 870.58- 247.085 860.58
Solvency
Equity ratio98.4 %99.3 %99.3 %92.8 %95.4 %
Gearing0.1 %2.2 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio33.068.4102.510.016.8
Current ratio33.968.4102.510.016.8
Cash and cash equivalents3 056.96867.679 687.157 907.6612 681.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:27.8%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.4%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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