Christian Madsen, 523 Hals ApS — Credit Rating and Financial Key Figures

CVR number: 28147902
Midtergade 23, 9370 Hals
523@rema1000.dk

Company information

Official name
Christian Madsen, 523 Hals ApS
Personnel
40 persons
Established
2004
Company form
Private limited company
Industry

About Christian Madsen, 523 Hals ApS

Christian Madsen, 523 Hals ApS (CVR number: 28147902) is a company from AALBORG. The company recorded a gross profit of 3329.6 kDKK in 2024. The operating profit was 257.5 kDKK, while net earnings were 79.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good but Return on Equity (ROE) was 25.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Christian Madsen, 523 Hals ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3.804.633.894.603 329.59
EBIT0.451.140.351.04257.46
Net earnings0.200.740.120.6679.85
Shareholders equity total0.641.260.480.94622.18
Balance sheet total (assets)3.643.343.593.984 226.99
Net debt-1.09-0.33-0.30-1.12-1 544.12
Profitability
EBIT-%
ROA12.5 %32.6 %10.0 %27.5 %12.2 %
ROE34.7 %78.1 %14.0 %92.3 %25.6 %
ROI72.0 %116.0 %38.6 %141.5 %77.2 %
Economic value added (EVA)0.471.160.301.03185.43
Solvency
Equity ratio17.5 %37.7 %13.5 %23.7 %14.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.50.30.20.60.5
Current ratio1.11.41.01.21.0
Cash and cash equivalents1.090.330.301.121 544.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:12.2%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.7%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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