BRDR. MADSEN MASKINTEKNIK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 14 906.94 | ||||
Gross profit | 2 303.74 | 2 422.21 | 2 518.28 | 2 450.66 | 1 747.66 |
EBIT | 210.86 | 850.07 | 648.00 | 663.53 | 4.57 |
Net earnings | 75.56 | 571.91 | 417.29 | 450.68 | -47.23 |
Shareholders equity total | 6 037.68 | 6 333.09 | 6 467.88 | 6 632.56 | 6 290.83 |
Balance sheet total (assets) | 15 134.30 | 13 577.07 | 13 936.80 | 13 548.93 | 12 589.80 |
Net debt | 1 938.59 | 3 011.55 | 2 529.06 | 1 510.37 | 1 693.36 |
Profitability | |||||
EBIT-% | 5.7 % | ||||
ROA | 1.4 % | 5.9 % | 4.7 % | 4.8 % | 0.1 % |
ROE | 1.3 % | 9.2 % | 6.5 % | 6.9 % | -0.7 % |
ROI | 1.8 % | 7.1 % | 5.4 % | 5.7 % | 0.1 % |
Economic value added (EVA) | - 296.87 | 299.21 | 69.37 | 97.78 | - 388.98 |
Solvency | |||||
Equity ratio | 39.9 % | 46.6 % | 46.4 % | 49.0 % | 50.0 % |
Gearing | 91.9 % | 82.1 % | 76.1 % | 65.0 % | 63.3 % |
Relative net indebtedness % | 31.2 % | ||||
Liquidity | |||||
Quick ratio | 1.8 | 2.3 | 2.1 | 2.4 | 2.6 |
Current ratio | 1.8 | 2.3 | 2.1 | 2.4 | 2.6 |
Cash and cash equivalents | 3 611.03 | 2 189.98 | 2 395.95 | 2 802.86 | 2 289.23 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.4 | ||||
Net working capital % | 20.6 % | ||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BBB |
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