Credit rating
Company information
About Madsen & Ko ApS
Madsen & Ko ApS (CVR number: 42702927) is a company from RANDERS. The company recorded a gross profit of 431.8 kDKK in 2023. The operating profit was -2.7 kDKK, while net earnings were -2.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.5 %, 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. Madsen & Ko ApS's liquidity measured by quick ratio was 1.3 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 financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | 575.54 | 431.84 |
EBIT | 17.91 | -2.67 |
Net earnings | 13.36 | -2.60 |
Shareholders equity total | 53.36 | 50.76 |
Balance sheet total (assets) | 133.54 | 125.40 |
Net debt | -7.49 | -43.98 |
Profitability | ||
EBIT-% | ||
ROA | 13.4 % | -2.0 % |
ROE | 25.0 % | -5.0 % |
ROI | 33.6 % | -5.0 % |
Economic value added (EVA) | 13.94 | -4.98 |
Solvency | ||
Equity ratio | 40.0 % | 40.5 % |
Gearing | ||
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 1.3 | 1.3 |
Current ratio | 1.3 | 1.3 |
Cash and cash equivalents | 7.49 | 43.98 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | B | BB |
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