Bang & Madsen ApS — Credit Rating and Financial Key Figures

CVR number: 39819627
Østre Stationsvej 33, 5000 Odense C

Credit rating

Company information

Official name
Bang & Madsen ApS
Established
2018
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About Bang & Madsen ApS

Bang & Madsen ApS (CVR number: 39819627) is a company from ODENSE. The company recorded a gross profit of 30 kDKK in 2023. The operating profit was 30 kDKK, while net earnings were -82.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43 %, 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. Bang & Madsen ApS's liquidity measured by quick ratio was 1.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit143.85134.20301.51246.5130.03
EBIT143.85134.20301.51246.5130.03
Net earnings520.69537.27385.63794.26-82.08
Shareholders equity total570.691 234.961 620.592 414.852 332.77
Balance sheet total (assets)3 200.866 577.726 920.357 000.715 426.40
Net debt2 367.094 625.794 464.783 704.122 609.78
Profitability
EBIT-%
ROA22.2 %16.7 %8.4 %17.1 %1.7 %
ROE91.2 %59.5 %27.0 %39.4 %-3.5 %
ROI23.3 %17.4 %8.7 %17.7 %1.8 %
Economic value added (EVA)112.51-0.652.45-53.63- 232.88
Solvency
Equity ratio17.8 %18.8 %23.4 %34.5 %43.0 %
Gearing414.8 %395.0 %296.0 %168.4 %112.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.31.8
Current ratio0.20.20.31.8
Cash and cash equivalents252.06332.29362.982.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:1.71%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.0%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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