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 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 037.75 | 4 132.10 | 3 982.36 | 1 963.06 | 1 804.49 |
EBIT | 445.23 | 1 893.44 | 1 970.26 | 232.71 | -64.26 |
Net earnings | 435.15 | 1 815.10 | 1 460.46 | -27.25 | 23.71 |
Shareholders equity total | 231.08 | 2 046.19 | 1 580.65 | 1 173.40 | 957.10 |
Balance sheet total (assets) | 1 767.71 | 4 445.40 | 2 287.05 | 1 793.20 | 1 716.26 |
Net debt | - 896.81 | -2 803.51 | -1 412.49 | -1 375.75 | -1 197.43 |
Profitability | |||||
EBIT-% | |||||
ROA | 37.5 % | 75.4 % | 61.1 % | 13.6 % | 5.1 % |
ROE | 90.7 % | 159.4 % | 80.5 % | -2.0 % | 2.2 % |
ROI | 177.5 % | 167.6 % | 107.9 % | 20.1 % | 8.4 % |
Economic value added (EVA) | 414.17 | 1 530.66 | 1 553.42 | 174.13 | -37.20 |
Solvency | |||||
Equity ratio | 13.1 % | 46.0 % | 69.1 % | 65.4 % | 55.8 % |
Gearing | 121.0 % | 0.0 % | 0.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.9 | 3.1 | 2.7 | 2.1 |
Current ratio | 1.1 | 1.9 | 3.1 | 2.7 | 2.1 |
Cash and cash equivalents | 1 176.53 | 2 803.57 | 1 412.49 | 1 375.79 | 1 197.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | BBB |
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