MADS JACOBSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MADS JACOBSEN ApS
MADS JACOBSEN ApS (CVR number: 26066247) is a company from HERNING. The company recorded a gross profit of -22.6 kDKK in 2018. The operating profit was -22.6 kDKK, while net earnings were 145.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 38.4 %, 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 JACOBSEN ApS's liquidity measured by quick ratio was 1.6 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 financials2016 | 2017 | 2018 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | -15.81 | -18.79 | -22.59 |
| EBIT | -15.81 | -18.79 | -22.59 |
| Net earnings | 298.57 | 491.12 | 145.88 |
| Shareholders equity total | 5 707.73 | 6 198.85 | 6 344.73 |
| Balance sheet total (assets) | 5 723.23 | 16 517.19 | 16 512.43 |
| Net debt | -5.51 | -8 991.86 | -9 200.80 |
| Profitability | |||
| EBIT-% | |||
| ROA | 2.0 % | 6.0 % | 4.7 % |
| ROE | 5.2 % | 8.2 % | 2.3 % |
| ROI | 2.0 % | 7.0 % | 5.7 % |
| Economic value added (EVA) | -11.23 | - 301.19 | 489.38 |
| Solvency | |||
| Equity ratio | 99.7 % | 37.5 % | 38.4 % |
| Gearing | 117.7 % | 111.9 % | |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 357.3 | 1.6 | 1.6 |
| Current ratio | 357.3 | 1.6 | 1.6 |
| Cash and cash equivalents | 5.51 | 16 288.34 | 16 302.92 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BBB | A | A |
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