NIELS ERIK MADSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NIELS ERIK MADSEN HOLDING ApS
NIELS ERIK MADSEN HOLDING ApS (CVR number: 25678206) is a company from VARDE. The company recorded a gross profit of -435.8 kDKK in 2024. The operating profit was -435.8 kDKK, while net earnings were 23.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 27 %, which can be considered excellent and Return on Equity (ROE) was 40.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.7 %, 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. NIELS ERIK MADSEN HOLDING 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -23.53 | -23.38 | -24.02 | - 265.33 | - 435.85 |
| EBIT | -23.53 | -23.38 | -24.02 | - 265.33 | - 435.85 |
| Net earnings | - 867.15 | -1 326.71 | 6 219.98 | 18 636.75 | 23 054.28 |
| Shareholders equity total | 24 435.57 | 21 668.30 | 27 811.30 | 45 891.37 | 69 064.01 |
| Balance sheet total (assets) | 52 804.61 | 55 060.98 | 59 182.07 | 78 760.34 | 94 986.28 |
| Net debt | 28 333.68 | 33 358.08 | 31 336.97 | 32 835.77 | 25 877.66 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 0.1 % | -0.7 % | 12.6 % | 28.5 % | 27.0 % |
| ROE | -3.3 % | -5.8 % | 25.1 % | 50.6 % | 40.1 % |
| ROI | 0.1 % | -0.7 % | 12.6 % | 28.5 % | 27.0 % |
| Economic value added (EVA) | 2 221.06 | 1 914.76 | 2 017.47 | 2 219.63 | 3 072.84 |
| Solvency | |||||
| Equity ratio | 46.3 % | 39.4 % | 47.0 % | 58.3 % | 72.7 % |
| Gearing | 116.0 % | 154.0 % | 112.7 % | 71.6 % | 37.5 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.1 | 0.1 | 0.1 | 0.1 | 0.6 |
| Current ratio | 0.1 | 0.1 | 0.1 | 0.1 | 0.6 |
| Cash and cash equivalents | 20.36 | 19.60 | 18.80 | 18.20 | 17.60 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | A | BBB | A |
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