ELVEJ MADSEN HOLDING ApS. — Credit Rating and Financial Key Figures
Credit rating
Company information
About ELVEJ MADSEN HOLDING ApS.
ELVEJ MADSEN HOLDING ApS. (CVR number: 31090709) is a company from AALBORG. The company recorded a gross profit of -51.2 kDKK in 2024, demonstrating a decline of -60.4 % compared to the previous year. The operating profit was -51.2 kDKK, while net earnings were 434.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good and Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 75 %, 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. ELVEJ MADSEN HOLDING ApS.'s liquidity measured by quick ratio was 0.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 310.26 | 440.50 | -19.23 | 21.03 | |
Gross profit | 265.72 | 401.17 | -64.03 | -31.90 | -51.18 |
EBIT | 265.72 | 401.17 | -64.03 | -31.90 | -51.18 |
Net earnings | 1 320.82 | 905.70 | 222.14 | 519.47 | 434.26 |
Shareholders equity total | 3 432.69 | 4 229.86 | 4 337.60 | 4 739.27 | 5 051.53 |
Balance sheet total (assets) | 5 490.89 | 6 159.33 | 5 904.02 | 6 315.86 | 6 731.94 |
Net debt | 1 422.88 | 1 496.79 | 1 077.13 | 954.32 | 1 163.12 |
Profitability | |||||
EBIT-% | 85.6 % | 91.1 % | -151.7 % | ||
ROA | 28.3 % | 11.9 % | 5.5 % | 10.3 % | 10.6 % |
ROE | 46.7 % | 23.6 % | 5.2 % | 11.4 % | 8.9 % |
ROI | 29.9 % | 12.6 % | 5.7 % | 10.4 % | 10.6 % |
Economic value added (EVA) | - 110.69 | 24.91 | - 364.79 | - 326.42 | - 358.88 |
Solvency | |||||
Equity ratio | 62.5 % | 68.7 % | 73.5 % | 75.0 % | 75.0 % |
Gearing | 44.6 % | 36.8 % | 35.4 % | 32.6 % | 32.7 % |
Relative net indebtedness % | 561.2 % | 411.2 % | -5755.9 % | 4677.3 % | |
Liquidity | |||||
Quick ratio | 0.5 | 0.9 | 0.8 | 0.9 | 0.7 |
Current ratio | 0.5 | 0.9 | 0.8 | 0.9 | 0.7 |
Cash and cash equivalents | 106.92 | 58.39 | 459.79 | 592.78 | 487.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -301.2 % | -31.4 % | 2566.9 % | -3260.7 % | |
Credit risk | |||||
Credit rating | A | A | BBB | A | BBB |
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