HEDEGAARD MADSEN A/S — Credit Rating and Financial Key Figures

CVR number: 31575540
Strandvejen 55, 9800 Hjørring

Credit rating

Company information

Official name
HEDEGAARD MADSEN A/S
Personnel
4 persons
Established
2008
Company form
Limited company
Industry

About HEDEGAARD MADSEN A/S

HEDEGAARD MADSEN A/S (CVR number: 31575540) is a company from HJØRRING. The company recorded a gross profit of 1804.5 kDKK in 2023. The operating profit was -64.3 kDKK, while net earnings were 23.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 55.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HEDEGAARD MADSEN A/S's liquidity measured by quick ratio was 2.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 037.754 132.103 982.361 963.061 804.49
EBIT445.231 893.441 970.26232.71-64.26
Net earnings435.151 815.101 460.46-27.2523.71
Shareholders equity total231.082 046.191 580.651 173.40957.10
Balance sheet total (assets)1 767.714 445.402 287.051 793.201 716.26
Net debt- 896.81-2 803.51-1 412.49-1 375.75-1 197.43
Profitability
EBIT-%
ROA37.5 %75.4 %61.1 %13.6 %5.1 %
ROE90.7 %159.4 %80.5 %-2.0 %2.2 %
ROI177.5 %167.6 %107.9 %20.1 %8.4 %
Economic value added (EVA)414.171 530.661 553.42174.13-37.20
Solvency
Equity ratio13.1 %46.0 %69.1 %65.4 %55.8 %
Gearing121.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.93.12.72.1
Current ratio1.11.93.12.72.1
Cash and cash equivalents1 176.532 803.571 412.491 375.791 197.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:5.12%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.8%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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