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SAND & MADSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SAND & MADSEN HOLDING ApS
SAND & MADSEN HOLDING ApS (CVR number: 25198263) is a company from AARHUS. The company recorded a gross profit of -13.2 kDKK in 2025. The operating profit was -213.2 kDKK, while net earnings were 2343.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good and Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 86.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SAND & MADSEN HOLDING ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -7.22 | - 480.51 | -14.44 | -81.85 | -13.17 |
| EBIT | -7.22 | - 480.51 | -14.44 | -81.85 | - 213.17 |
| Net earnings | 3 260.27 | 4 944.51 | 20 206.63 | 955.29 | 2 343.80 |
| Shareholders equity total | 14 910.91 | 16 455.42 | 18 862.05 | 19 817.34 | 21 861.13 |
| Balance sheet total (assets) | 19 469.17 | 20 926.92 | 22 310.39 | 22 950.56 | 25 267.57 |
| Net debt | 3 506.37 | 3 934.39 | 2 081.16 | 2 020.91 | 2 845.31 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 20.5 % | 24.8 % | 93.9 % | 4.6 % | 10.0 % |
| ROE | 24.4 % | 31.5 % | 114.4 % | 4.9 % | 11.2 % |
| ROI | 21.4 % | 25.7 % | 95.0 % | 4.6 % | 10.1 % |
| Economic value added (EVA) | - 611.10 | -1 406.97 | -1 042.93 | -1 179.28 | -1 311.97 |
| Solvency | |||||
| Equity ratio | 76.6 % | 78.6 % | 84.5 % | 86.3 % | 86.5 % |
| Gearing | 23.7 % | 24.8 % | 17.7 % | 14.3 % | 13.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.7 | 0.6 | 1.0 | 1.0 | 1.2 |
| Current ratio | 0.7 | 0.6 | 1.0 | 1.0 | 1.2 |
| Cash and cash equivalents | 26.35 | 140.15 | 1 259.71 | 821.70 | 54.31 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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