M. Foldager Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M. Foldager Holding ApS
M. Foldager Holding ApS (CVR number: 43304941) is a company from AALBORG. The company reported a net sales of 0 mDKK in 2024, demonstrating a decline of -43.3 % compared to the previous year. The operating profit percentage was at 76.9 % (EBIT: 0 mDKK), while net earnings were 25.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good but Return on Equity (ROE) was 16.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.1 %, 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. M. Foldager Holding ApS's liquidity measured by quick ratio was 1.2 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 financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | 47.44 | 52.36 | 29.66 |
Gross profit | 88.40 | 90.75 | 22.81 |
EBIT | 50.80 | 52.16 | 22.81 |
Net earnings | 49.45 | 51.12 | 25.48 |
Shareholders equity total | 89.45 | 140.57 | 166.04 |
Balance sheet total (assets) | 97.98 | 504.36 | 473.27 |
Net debt | -11.75 | 335.57 | 297.27 |
Profitability | |||
EBIT-% | 107.1 % | 99.6 % | 76.9 % |
ROA | 51.8 % | 22.3 % | 8.2 % |
ROE | 55.3 % | 44.4 % | 16.6 % |
ROI | 56.8 % | 22.9 % | 8.3 % |
Economic value added (EVA) | 49.50 | 48.01 | -1.06 |
Solvency | |||
Equity ratio | 91.3 % | 27.9 % | 35.1 % |
Gearing | 253.5 % | 182.0 % | |
Relative net indebtedness % | -6.8 % | 655.2 % | 1019.0 % |
Liquidity | |||
Quick ratio | 2.0 | 1.0 | 1.2 |
Current ratio | 2.0 | 1.0 | 1.2 |
Cash and cash equivalents | 11.75 | 20.73 | 4.96 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | 17.9 % | 13.9 % | 178.9 % |
Credit risk | |||
Credit rating | BB | BBB | BBB |
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