HERBERT MADSENS EFTF. ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HERBERT MADSENS EFTF. ApS
HERBERT MADSENS EFTF. ApS (CVR number: 25949269) is a company from KØBENHAVN. The company reported a net sales of 2.9 mDKK in 2023, demonstrating a decline of -3.7 % compared to the previous year. The operating profit percentage was poor at -5.9 % (EBIT: -0.2 mDKK), while net earnings were -185.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.5 %, which can be considered poor and Return on Equity (ROE) was -45.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.3 %, 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. HERBERT MADSENS EFTF. ApS's liquidity measured by quick ratio was 1.4 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 | 4 239.74 | 3 491.04 | 2 848.16 | 3 043.86 | 2 932.70 |
Gross profit | 1 508.77 | 1 338.74 | 1 299.40 | 1 244.23 | 1 168.90 |
EBIT | 347.34 | 227.42 | 111.85 | 42.11 | - 172.00 |
Net earnings | 247.63 | 168.14 | 69.34 | 19.43 | - 185.88 |
Shareholders equity total | 698.54 | 566.68 | 536.01 | 505.44 | 319.56 |
Balance sheet total (assets) | 1 375.86 | 1 208.88 | 943.62 | 1 294.11 | 1 055.34 |
Net debt | -31.48 | - 269.18 | - 139.13 | - 407.25 | - 371.32 |
Profitability | |||||
EBIT-% | 8.2 % | 6.5 % | 3.9 % | 1.4 % | -5.9 % |
ROA | 25.6 % | 17.8 % | 10.4 % | 3.9 % | -14.5 % |
ROE | 43.1 % | 26.6 % | 12.6 % | 3.7 % | -45.1 % |
ROI | 60.4 % | 36.4 % | 20.3 % | 8.3 % | -40.3 % |
Economic value added (EVA) | 243.61 | 151.22 | 69.39 | 10.74 | - 176.46 |
Solvency | |||||
Equity ratio | 50.8 % | 46.9 % | 56.8 % | 39.1 % | 30.3 % |
Gearing | 1.9 % | 3.0 % | |||
Relative net indebtedness % | 15.2 % | 10.7 % | 9.4 % | 12.2 % | 12.1 % |
Liquidity | |||||
Quick ratio | 1.9 | 1.8 | 2.2 | 1.6 | 1.4 |
Current ratio | 2.0 | 1.8 | 2.2 | 1.6 | 1.4 |
Cash and cash equivalents | 31.48 | 269.18 | 139.13 | 416.75 | 380.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 101.2 | 85.2 | 88.9 | 94.5 | 73.9 |
Net working capital % | 15.2 % | 14.4 % | 17.2 % | 15.7 % | 10.6 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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