Mikkel Madvig ApS — Credit Rating and Financial Key Figures

CVR number: 37669199
Ryesgade 90 A, 2100 København Ø
mm@mikkelmadvig.com
tel: 24524422

Company information

Official name
Mikkel Madvig ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About Mikkel Madvig ApS

Mikkel Madvig ApS (CVR number: 37669199) is a company from KØBENHAVN. The company recorded a gross profit of -84.1 kDKK in 2023. The operating profit was -464.6 kDKK, while net earnings were -458.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.3 %, which can be considered poor and Return on Equity (ROE) was -37.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Mikkel Madvig ApS's liquidity measured by quick ratio was 9.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 712.002 041.002 742.00875.00-84.14
EBIT471.00489.001 084.00- 748.00- 464.58
Net earnings368.00314.00853.00- 753.00- 458.48
Shareholders equity total1 587.001 751.002 304.001 494.00977.19
Balance sheet total (assets)2 036.002 157.002 794.001 597.001 037.73
Net debt- 332.00- 577.00-1 079.00- 421.00- 244.63
Profitability
EBIT-%
ROA25.7 %23.3 %43.8 %-33.8 %-35.3 %
ROE25.2 %18.8 %42.1 %-39.7 %-37.1 %
ROI30.5 %27.4 %51.7 %-38.0 %-36.2 %
Economic value added (EVA)352.40283.83810.77- 807.04- 509.10
Solvency
Equity ratio77.9 %81.2 %82.5 %93.6 %94.2 %
Gearing9.0 %2.7 %2.2 %3.5 %3.7 %
Relative net indebtedness %
Liquidity
Quick ratio4.05.14.810.59.3
Current ratio4.05.15.310.59.3
Cash and cash equivalents475.00624.001 129.00473.00281.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBB

Variable visualization

ROA:-35.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.2%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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