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

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
2019
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-54.79213.07- 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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