INGVARD MADSEN ApS — Credit Rating and Financial Key Figures

INGVARD MADSEN ApS (CVR number: 25266331) is a company from KOLDING. The company recorded a gross profit of 5690.9 kDKK in 2023. The operating profit was 1417.1 kDKK, while net earnings were 1011.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.4 %, which can be considered excellent and Return on Equity (ROE) was 30.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.6 %, 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. INGVARD MADSEN ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.