Madsen Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 37412686
Tusbækvej 31, Feldborg 7540 Haderup
feldborgent@mail.dk

Credit rating

Company information

Official name
Madsen Ejendomme ApS
Established
2016
Domicile
Feldborg
Company form
Private limited company
Industry

About Madsen Ejendomme ApS

Madsen Ejendomme ApS (CVR number: 37412686) is a company from HERNING. The company reported a net sales of 0.3 mDKK in 2024, demonstrating a growth of 13.8 % compared to the previous year. The operating profit percentage was at 69.1 % (EBIT: 0.2 mDKK), while net earnings were 58.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good and Return on Equity (ROE) was 14.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 14.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Madsen Ejendomme ApS's liquidity measured by quick ratio was 0.1 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.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales172.67172.67216.14289.83329.83
Gross profit111.63120.86114.10253.12300.75
EBIT85.9484.5050.60182.61227.95
Net earnings49.8040.79-5.6153.8158.18
Shareholders equity total285.27326.06320.45374.26432.45
Balance sheet total (assets)1 021.012 008.112 089.052 647.023 021.82
Net debt574.221 516.501 692.202 104.342 549.56
Profitability
EBIT-%49.8 %48.9 %23.4 %63.0 %69.1 %
ROA8.5 %5.6 %2.5 %7.7 %8.1 %
ROE19.1 %13.3 %-1.7 %15.5 %14.4 %
ROI9.3 %6.0 %2.6 %7.9 %8.2 %
Economic value added (EVA)31.3131.79-25.6680.22123.49
Solvency
Equity ratio27.9 %16.2 %15.3 %14.1 %14.3 %
Gearing222.7 %482.5 %540.5 %590.7 %591.4 %
Relative net indebtedness %389.4 %939.1 %799.8 %747.5 %782.7 %
Liquidity
Quick ratio0.30.10.10.20.1
Current ratio0.30.10.10.20.1
Cash and cash equivalents61.0856.7739.89106.257.76
Capital use efficiency
Trade debtors turnover (days)8.4
Net working capital %-118.7 %-340.7 %-337.8 %-422.1 %-503.5 %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:8.05%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.3%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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