HEDEGAARD MADSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HEDEGAARD MADSEN A/S
HEDEGAARD MADSEN A/S (CVR number: 31575540) is a company from HJØRRING. The company recorded a gross profit of 1596 kDKK in 2024. The operating profit was -116.5 kDKK, while net earnings were -133.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.5 %, which can be considered poor and Return on Equity (ROE) was -17.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HEDEGAARD MADSEN A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 132.10 | 3 982.36 | 1 963.06 | 1 804.49 | 1 596.01 |
EBIT | 1 893.44 | 1 970.26 | 232.71 | -64.26 | - 116.51 |
Net earnings | 1 815.10 | 1 460.46 | -27.25 | 23.71 | - 133.60 |
Shareholders equity total | 2 046.19 | 1 580.65 | 1 173.40 | 957.10 | 579.51 |
Balance sheet total (assets) | 4 445.40 | 2 287.05 | 1 793.20 | 1 716.26 | 1 606.92 |
Net debt | -2 803.51 | -1 412.49 | -1 375.75 | -1 197.43 | -1 153.02 |
Profitability | |||||
EBIT-% | |||||
ROA | 75.4 % | 61.1 % | 13.6 % | 5.1 % | -6.5 % |
ROE | 159.4 % | 80.5 % | -2.0 % | 2.2 % | -17.4 % |
ROI | 167.6 % | 107.9 % | 20.1 % | 8.4 % | -14.0 % |
Economic value added (EVA) | 1 457.48 | 1 412.54 | 102.81 | - 106.33 | - 139.39 |
Solvency | |||||
Equity ratio | 46.0 % | 69.1 % | 65.4 % | 55.8 % | 36.1 % |
Gearing | 0.0 % | 0.0 % | 0.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 3.1 | 2.7 | 2.1 | 1.4 |
Current ratio | 1.9 | 3.1 | 2.7 | 2.1 | 1.4 |
Cash and cash equivalents | 2 803.57 | 1 412.49 | 1 375.79 | 1 197.43 | 1 153.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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