MICHAEL RODE MADSEN HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 28105479
Gammelbyvej 20, Fjelstrup 6100 Haderslev
michael@logteninvest.dk
tel: 22597099

Company information

Official name
MICHAEL RODE MADSEN HOLDING A/S
Established
2004
Domicile
Fjelstrup
Company form
Limited company
Industry

About MICHAEL RODE MADSEN HOLDING A/S

MICHAEL RODE MADSEN HOLDING A/S (CVR number: 28105479) is a company from HADERSLEV. The company recorded a gross profit of -6.7 kDKK in 2023. The operating profit was -6.7 kDKK, while net earnings were 4670.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL RODE MADSEN HOLDING A/S's liquidity measured by quick ratio was 81.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-8.90-6.71-20.58-8.73-6.70
EBIT-8.90-6.71-20.58-8.73-6.70
Net earnings9 057.9810 624.2415 002.346 821.424 670.25
Shareholders equity total66 007.5075 845.3294 435.40102 140.68105 427.58
Balance sheet total (assets)66 342.5176 916.1795 500.99102 721.41106 338.89
Net debt-1 207.13- 517.50- 424.96- 483.12-1 079.83
Profitability
EBIT-%
ROA14.5 %14.9 %17.5 %7.0 %5.2 %
ROE14.5 %15.0 %17.6 %6.9 %4.5 %
ROI14.5 %14.9 %17.5 %7.0 %5.2 %
Economic value added (EVA)2 783.023 114.673 610.304 497.44-3 166.60
Solvency
Equity ratio99.5 %98.6 %98.9 %99.4 %99.1 %
Gearing0.5 %1.4 %1.1 %0.5 %0.9 %
Relative net indebtedness %
Liquidity
Quick ratio4.92.12.6123.781.3
Current ratio4.92.12.6123.781.3
Cash and cash equivalents1 542.151 588.341 490.55967.911 983.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.17%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 87/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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