MADS RUBY ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| 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 | -54.79 | 213.07 | - 957.04 | - 841.00 | 30.89 |
| Shareholders equity total | 2 454.82 | 2 567.89 | 1 510.85 | 669.86 | 700.75 |
| Balance sheet total (assets) | 2 855.99 | 3 510.05 | 2 873.12 | 2 672.09 | 3 005.09 |
| Net debt | -1 006.41 | -1 253.04 | - 454.78 | - 644.72 | -1 068.51 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 0.2 % | 9.9 % | -10.0 % | -28.1 % | 4.4 % |
| ROE | -2.2 % | 8.5 % | -46.9 % | -77.1 % | 4.5 % |
| ROI | 0.2 % | 10.1 % | -10.2 % | -28.5 % | 4.5 % |
| Economic value added (EVA) | 40.03 | -2.20 | 23.34 | 26.68 | 64.65 |
| Solvency | |||||
| Equity ratio | 86.0 % | 73.2 % | 52.6 % | 25.1 % | 23.3 % |
| Gearing | 12.6 % | 33.9 % | 85.4 % | 96.5 % | 68.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.6 | 2.3 | 1.3 | 2.0 | 3.0 |
| Current ratio | 3.6 | 2.3 | 1.3 | 2.0 | 3.0 |
| Cash and cash equivalents | 1 315.65 | 2 124.47 | 1 744.51 | 1 291.16 | 1 546.90 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BB | BB | BBB |
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