Alt-Mads ApS — Credit Rating and Financial Key Figures

CVR number: 39473240
Gravsholtvej 65, 9310 Vodskov
baggermads@gmail.com

Credit rating

Company information

Official name
Alt-Mads ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About Alt-Mads ApS

Alt-Mads ApS (CVR number: 39473240) is a company from AALBORG. The company recorded a gross profit of 371.4 kDKK in 2023. The operating profit was 61.6 kDKK, while net earnings were 48 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good but Return on Equity (ROE) was 16.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Alt-Mads ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit141.3839.11110.08404.01371.37
EBIT79.56-14.0672.7192.3861.61
Net earnings61.64-10.9756.7172.0648.03
Shareholders equity total146.97135.99192.70264.76312.79
Balance sheet total (assets)298.28307.53351.25510.52628.38
Net debt106.67140.1596.38-18.21201.95
Profitability
EBIT-%
ROA34.4 %-4.6 %22.1 %21.4 %10.8 %
ROE53.1 %-7.8 %34.5 %31.5 %16.6 %
ROI38.7 %-5.2 %23.5 %24.5 %12.6 %
Economic value added (EVA)57.55-17.7149.9964.8943.20
Solvency
Equity ratio49.3 %44.2 %54.9 %51.9 %49.8 %
Gearing81.3 %104.8 %76.0 %56.7 %80.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.24.11.70.6
Current ratio6.010.621.84.97.6
Cash and cash equivalents12.762.3250.08168.2549.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:10.8%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.8%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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