Malerfirmaet Jes Madsen & søn ApS
Credit rating
Company information
About Malerfirmaet Jes Madsen & søn ApS
Malerfirmaet Jes Madsen & søn ApS (CVR number: 41227362) is a company from FREDENSBORG. The company reported a net sales of 1 mDKK in 2023, demonstrating a decline of -6 % compared to the previous year. The operating profit percentage was at 5.6 % (EBIT: 0.1 mDKK), while net earnings were 15.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.8 %, which can be considered excellent and Return on Equity (ROE) was 21.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Malerfirmaet Jes Madsen & søn 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 506.43 | 986.70 | 1 031.13 | 969.33 |
Gross profit | 350.91 | 637.07 | 727.15 | 666.63 |
EBIT | 101.69 | - 107.41 | 14.60 | 54.53 |
Net earnings | 78.12 | -85.71 | 31.60 | 15.61 |
Shareholders equity total | 118.12 | 32.41 | 64.02 | 79.62 |
Balance sheet total (assets) | 300.72 | 128.64 | 268.40 | 311.57 |
Net debt | - 187.14 | -14.20 | - 186.35 | - 220.92 |
Profitability | ||||
EBIT-% | 20.1 % | -10.9 % | 1.4 % | 5.6 % |
ROA | 33.8 % | -50.0 % | 7.4 % | 18.8 % |
ROE | 66.1 % | -113.9 % | 65.5 % | 21.7 % |
ROI | 80.2 % | -129.2 % | 26.8 % | 64.9 % |
Economic value added (EVA) | 78.13 | -80.49 | 9.80 | 45.13 |
Solvency | ||||
Equity ratio | 39.3 % | 25.2 % | 23.9 % | 25.6 % |
Gearing | 7.1 % | 21.5 % | 8.4 % | 23.8 % |
Relative net indebtedness % | -2.6 % | 7.6 % | 1.2 % | -0.8 % |
Liquidity | ||||
Quick ratio | 1.5 | 1.0 | 1.2 | 1.3 |
Current ratio | 1.5 | 1.0 | 1.2 | 1.3 |
Cash and cash equivalents | 195.50 | 21.17 | 191.71 | 239.91 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 1.6 | 20.5 | 11.9 | |
Net working capital % | 17.3 % | 0.5 % | 3.8 % | 6.0 % |
Credit risk | ||||
Credit rating | B | B | B | B |
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