HOLGER MADSEN A/S — Credit Rating and Financial Key Figures

HOLGER MADSEN A/S (CVR number: 20053232) is a company from VARDE. The company recorded a gross profit of 1438.6 kDKK in 2023. The operating profit was -57.6 kDKK, while net earnings were 186.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 79 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HOLGER MADSEN A/S's liquidity measured by quick ratio was 4.4 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.