Madsmurer ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Madsmurer ApS
Madsmurer ApS (CVR number: 39487454) is a company from SKANDERBORG. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a decline of -20.4 % compared to the previous year. The operating profit percentage was at 25.4 % (EBIT: 0.1 mDKK), while net earnings were 70 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28 %, which can be considered excellent and Return on Equity (ROE) was 34 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Madsmurer ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 390.39 | 432.63 | 406.77 | 443.99 | 353.40 |
Gross profit | 242.78 | 199.49 | 181.51 | 135.13 | 161.13 |
EBIT | -16.00 | 88.15 | 52.55 | 57.44 | 89.79 |
Net earnings | -15.13 | 68.37 | 37.95 | 44.39 | 70.04 |
Shareholders equity total | 10.43 | 85.19 | 126.75 | 171.14 | 241.18 |
Balance sheet total (assets) | 71.44 | 225.62 | 274.27 | 296.66 | 345.31 |
Net debt | -28.60 | -98.74 | -93.92 | -40.52 | - 100.85 |
Profitability | |||||
EBIT-% | -4.1 % | 20.4 % | 12.9 % | 12.9 % | 25.4 % |
ROA | -13.3 % | 59.3 % | 21.0 % | 20.1 % | 28.0 % |
ROE | -84.1 % | 143.0 % | 35.8 % | 29.8 % | 34.0 % |
ROI | -88.9 % | 184.4 % | 49.6 % | 38.6 % | 43.6 % |
Economic value added (EVA) | -9.63 | 68.45 | 38.39 | 53.04 | 79.08 |
Solvency | |||||
Equity ratio | 14.6 % | 37.8 % | 46.2 % | 57.7 % | 69.8 % |
Gearing | |||||
Relative net indebtedness % | 8.3 % | 9.6 % | 13.2 % | 19.1 % | 0.9 % |
Liquidity | |||||
Quick ratio | 1.2 | 1.9 | 0.9 | 0.6 | 1.5 |
Current ratio | 1.2 | 1.9 | 0.9 | 0.6 | 1.5 |
Cash and cash equivalents | 28.60 | 98.74 | 93.92 | 40.52 | 100.85 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 15.8 | 20.3 | 18.6 | 23.4 | |
Net working capital % | 2.7 % | 24.1 % | -4.7 % | -8.5 % | 11.1 % |
Credit risk | |||||
Credit rating | BB | B | BB | BB | BBB |
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