ELVEJ MADSEN HOLDING ApS. — Credit Rating and Financial Key Figures

CVR number: 31090709
Fyrtøjet 3, 9240 Nibe

Company information

Official name
ELVEJ MADSEN HOLDING ApS.
Established
2007
Company form
Private limited company
Industry

About ELVEJ MADSEN HOLDING ApS.

ELVEJ MADSEN HOLDING ApS. (CVR number: 31090709) is a company from AALBORG. The company reported a net sales of 0 mDKK in 2023, demonstrating a growth of -209.4 % compared to the previous year. The operating profit percentage was poor at -151.7 % (EBIT: -0 mDKK), while net earnings were 519.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good and Return on Equity (ROE) was 11.4 %, 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 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales- 173.72310.26440.50-19.2321.03
Gross profit- 201.23265.72401.17-64.03-31.90
EBIT- 201.23265.72401.17-64.03-31.90
Net earnings- 832.891 320.82905.70222.14519.47
Shareholders equity total2 222.473 432.694 229.864 337.604 739.27
Balance sheet total (assets)7 266.985 490.896 159.335 904.026 315.86
Net debt1 805.011 422.881 496.791 077.13954.32
Profitability
EBIT-%85.6 %91.1 %-151.7 %
ROA-6.6 %28.3 %11.9 %5.5 %10.3 %
ROE-30.9 %46.7 %23.6 %5.2 %11.4 %
ROI-6.9 %29.9 %12.6 %5.7 %10.4 %
Economic value added (EVA)- 279.93196.98156.70- 280.71- 226.08
Solvency
Equity ratio30.6 %62.5 %68.7 %73.5 %75.0 %
Gearing198.2 %44.6 %36.8 %35.4 %32.6 %
Relative net indebtedness %-1245.3 %561.2 %411.2 %-5755.9 %4677.3 %
Liquidity
Quick ratio1.10.50.90.80.9
Current ratio1.10.50.90.80.9
Cash and cash equivalents2 599.93106.9258.39459.79592.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %1236.6 %-301.2 %-31.4 %2566.9 %-3260.7 %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:10.3%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.0%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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