SNEDKERFIRMAET IVAN MADSEN ApS — Credit Rating and Financial Key Figures

SNEDKERFIRMAET IVAN MADSEN ApS (CVR number: 25270134) is a company from ISHØJ. The company recorded a gross profit of 12.4 mDKK in 2023. The operating profit was -79.9 kDKK, while net earnings were -246.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was -8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32 %, 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. SNEDKERFIRMAET IVAN MADSEN ApS's liquidity measured by quick ratio was 1.7 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.