MADS RUBY ApS — Credit Rating and Financial Key Figures

CVR number: 19389448
Algade 31, 9000 Aalborg

Credit rating

Company information

Official name
MADS RUBY ApS
Established
1996
Company form
Private limited company
Industry
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About MADS RUBY ApS

MADS RUBY ApS (CVR number: 19389448) is a company from AALBORG. The company recorded a gross profit of -35.8 kDKK in 2023. The operating profit was -35.8 kDKK, while net earnings were 30.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, 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 23.3 %, 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. MADS RUBY ApS's liquidity measured by quick ratio was 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
20192020202120222023
Volume
Net sales
Gross profit-23.68-19.73-24.55-38.04-35.80
EBIT-23.68-19.73-24.55-38.04-35.80
Net earnings-54.79213.07- 957.04- 841.0030.89
Shareholders equity total2 454.822 567.891 510.85669.86700.75
Balance sheet total (assets)2 855.993 510.052 873.122 672.093 005.09
Net debt-1 006.41-1 253.04- 454.78- 644.72-1 068.51
Profitability
EBIT-%
ROA0.2 %9.9 %-10.0 %-28.1 %4.4 %
ROE-2.2 %8.5 %-46.9 %-77.1 %4.5 %
ROI0.2 %10.1 %-10.2 %-28.5 %4.5 %
Economic value added (EVA)40.03-2.2023.3426.6864.65
Solvency
Equity ratio86.0 %73.2 %52.6 %25.1 %23.3 %
Gearing12.6 %33.9 %85.4 %96.5 %68.3 %
Relative net indebtedness %
Liquidity
Quick ratio3.62.31.32.03.0
Current ratio3.62.31.32.03.0
Cash and cash equivalents1 315.652 124.471 744.511 291.161 546.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:4.43%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.3%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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