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MADSEN MX SERVICE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MADSEN MX SERVICE ApS
MADSEN MX SERVICE ApS (CVR number: 35380574) is a company from FAXE. The company reported a net sales of 0.1 mDKK in 2024, demonstrating a growth of 256 % compared to the previous year. The operating profit percentage was at 24.2 % (EBIT: 0 mDKK), while net earnings were 11.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent and Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 87.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MADSEN MX SERVICE ApS's liquidity measured by quick ratio was 2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 212.60 | 133.18 | 19.34 | 68.84 | |
| Gross profit | 20.82 | -10.28 | 7.76 | -20.94 | 25.31 |
| EBIT | 10.37 | -25.22 | -4.14 | -32.84 | 16.69 |
| Net earnings | 7.67 | -19.89 | -0.47 | -25.58 | 11.07 |
| Shareholders equity total | 247.13 | 227.23 | 226.77 | 201.19 | 212.26 |
| Balance sheet total (assets) | 274.10 | 270.21 | 239.07 | 209.27 | 242.19 |
| Net debt | -8.16 | -41.87 | -21.69 | 6.51 | -28.09 |
| Profitability | |||||
| EBIT-% | -11.9 % | -3.1 % | -169.8 % | 24.2 % | |
| ROA | 3.2 % | -9.3 % | -1.6 % | -14.6 % | 7.4 % |
| ROE | 3.2 % | -8.4 % | -0.2 % | -12.0 % | 5.4 % |
| ROI | 3.5 % | -10.4 % | -1.8 % | -14.8 % | 7.6 % |
| Economic value added (EVA) | -9.01 | -32.65 | -15.56 | -37.40 | 0.65 |
| Solvency | |||||
| Equity ratio | 90.2 % | 84.1 % | 94.9 % | 96.1 % | 87.6 % |
| Gearing | 2.6 % | 3.4 % | 4.0 % | 9.0 % | |
| Relative net indebtedness % | 0.5 % | -12.9 % | 33.7 % | -25.0 % | |
| Liquidity | |||||
| Quick ratio | 2.1 | 1.3 | 3.0 | 2.3 | 2.0 |
| Current ratio | 10.1 | 5.3 | 16.9 | 23.5 | 7.7 |
| Cash and cash equivalents | 14.49 | 41.87 | 29.46 | 1.58 | 47.18 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 12.3 | 0.0 | 22.5 | ||
| Net working capital % | 86.5 % | 146.6 % | 939.2 % | 292.4 % | |
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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