BRDR. MADSEN MASKINTEKNIK A/S — Credit Rating and Financial Key Figures

CVR number: 12810032
Gotlandsvej 11, 8700 Horsens
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Credit rating

Company information

Official name
BRDR. MADSEN MASKINTEKNIK A/S
Personnel
19 persons
Established
1989
Company form
Limited company
Industry

About BRDR. MADSEN MASKINTEKNIK A/S

BRDR. MADSEN MASKINTEKNIK A/S (CVR number: 12810032) is a company from HORSENS. The company recorded a gross profit of 1747.7 kDKK in 2023. The operating profit was 4.6 kDKK, while net earnings were -47.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -0.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50 %, 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. BRDR. MADSEN MASKINTEKNIK A/S's liquidity measured by quick ratio was 2.6 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 sales14 906.94
Gross profit2 303.742 422.212 518.282 450.661 747.66
EBIT210.86850.07648.00663.534.57
Net earnings75.56571.91417.29450.68-47.23
Shareholders equity total6 037.686 333.096 467.886 632.566 290.83
Balance sheet total (assets)15 134.3013 577.0713 936.8013 548.9312 589.80
Net debt1 938.593 011.552 529.061 510.371 693.36
Profitability
EBIT-%5.7 %
ROA1.4 %5.9 %4.7 %4.8 %0.1 %
ROE1.3 %9.2 %6.5 %6.9 %-0.7 %
ROI1.8 %7.1 %5.4 %5.7 %0.1 %
Economic value added (EVA)- 296.87299.2169.3797.78- 388.98
Solvency
Equity ratio39.9 %46.6 %46.4 %49.0 %50.0 %
Gearing91.9 %82.1 %76.1 %65.0 %63.3 %
Relative net indebtedness %31.2 %
Liquidity
Quick ratio1.82.32.12.42.6
Current ratio1.82.32.12.42.6
Cash and cash equivalents3 611.032 189.982 395.952 802.862 289.23
Capital use efficiency
Trade debtors turnover (days)0.4
Net working capital %20.6 %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:0.12%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.0%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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