FUGE-MADSEN ApS — Credit Rating and Financial Key Figures

CVR number: 70406918
Tolderlundsvej 99, 5000 Odense C
tel: 65913417

Credit rating

Company information

Official name
FUGE-MADSEN ApS
Personnel
11 persons
Established
1982
Company form
Private limited company
Industry

About FUGE-MADSEN ApS

FUGE-MADSEN ApS (CVR number: 70406918) is a company from ODENSE. The company recorded a gross profit of 4205.7 kDKK in 2023. The operating profit was 169.1 kDKK, while net earnings were 87.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 22.4 %, 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. FUGE-MADSEN ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit4 866.795 127.304 914.905 157.564 205.69
EBIT544.89790.63640.22560.26169.14
Net earnings380.76581.07461.01381.0487.16
Shareholders equity total761.07992.14903.16834.20621.36
Balance sheet total (assets)2 824.093 085.822 848.503 238.752 776.72
Net debt-12.24287.70714.0553.22578.21
Profitability
EBIT-%
ROA19.3 %26.8 %21.6 %18.4 %5.7 %
ROE49.4 %66.3 %48.6 %43.9 %12.0 %
ROI34.1 %42.9 %34.0 %31.6 %9.6 %
Economic value added (EVA)415.97614.16463.62394.02125.25
Solvency
Equity ratio26.9 %32.2 %31.7 %25.8 %22.4 %
Gearing92.0 %65.5 %96.8 %109.7 %187.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.51.21.21.0
Current ratio1.31.61.31.21.1
Cash and cash equivalents712.24362.30160.27861.86585.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.67%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.4%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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