Madwagon ApS — Credit Rating and Financial Key Figures

Madwagon ApS (CVR number: 37767727) is a company from MORSØ. The company recorded a gross profit of -24.7 kDKK in 2023. The operating profit was -89.9 kDKK, while net earnings were -90.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -57.8 %, which can be considered poor and Return on Equity (ROE) was -130 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.5 %, 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. Madwagon ApS's liquidity measured by quick ratio was 1.3 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.