MIDDELFART SPILDEVAND A/S

CVR number: 32259901
Strandvejen 100, 5500 Middelfart
kontakt@middelfartspildevand.dk

Credit rating

Company information

Official name
MIDDELFART SPILDEVAND A/S
Established
2009
Company form
Limited company
Industry
  • Expand more icon37Sewerage

About MIDDELFART SPILDEVAND A/S

MIDDELFART SPILDEVAND A/S (CVR number: 32259901) is a company from MIDDELFART. The company reported a net sales of 87.8 mDKK in 2023, demonstrating a decline of -7.2 % compared to the previous year. The operating profit percentage was at 12.9 % (EBIT: 11.3 mDKK), while net earnings were 8062 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 90.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIDDELFART SPILDEVAND A/S's liquidity measured by quick ratio was 2.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales80.1381.0783.5994.6287.79
Gross profit47.5548.6455.4168.1453.45
EBIT9.096.7316.3523.4411.32
Net earnings5.943.4011.2019.738.06
Shareholders equity total1 264.991 268.391 279.591 299.321 307.38
Balance sheet total (assets)1 456.861 449.761 458.461 458.401 442.04
Net debt157.30134.29105.5890.8974.48
Profitability
EBIT-%11.3 %8.3 %19.6 %24.8 %12.9 %
ROA0.6 %0.5 %1.1 %1.6 %0.8 %
ROE0.5 %0.3 %0.9 %1.5 %0.6 %
ROI0.7 %0.5 %1.1 %1.6 %0.8 %
Economic value added (EVA)-62.28-64.29-53.61-45.04-57.86
Solvency
Equity ratio86.8 %87.5 %87.7 %89.1 %90.7 %
Gearing13.7 %13.1 %12.3 %10.8 %8.6 %
Relative net indebtedness %218.6 %183.8 %149.7 %113.0 %107.9 %
Liquidity
Quick ratio1.31.91.62.72.2
Current ratio1.31.91.62.72.2
Cash and cash equivalents15.4331.5652.0949.8938.11
Capital use efficiency
Trade debtors turnover (days)34.025.413.855.347.3
Net working capital %10.0 %23.4 %26.1 %44.1 %34.2 %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:0.81%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.7%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:17.442Z

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