MIDDELFART SPILDEVAND A/S — Credit Rating and Financial Key Figures

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

About MIDDELFART SPILDEVAND A/S

MIDDELFART SPILDEVAND A/S (CVR number: 32259901) is a company from MIDDELFART. The company reported a net sales of 91.6 mDKK in 2024, demonstrating a growth of 4.4 % compared to the previous year. The operating profit percentage was at 15.2 % (EBIT: 13.9 mDKK), while net earnings were 15.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 91.5 %, 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 2.5 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
2020
2021
2022
2023
2024
Volume
Net sales81.0783.5994.6287.7991.64
Gross profit48.6455.4168.1453.4556.45
EBIT6.7316.3523.4411.3213.92
Net earnings3.4011.2019.738.0615.74
Shareholders equity total1 268.391 279.591 299.321 307.381 323.12
Balance sheet total (assets)1 449.761 458.461 458.401 442.041 445.76
Net debt134.29105.5890.8974.4866.69
Profitability
EBIT-%8.3 %19.6 %24.8 %12.9 %15.2 %
ROA0.5 %1.1 %1.6 %0.8 %1.1 %
ROE0.3 %0.9 %1.5 %0.6 %1.2 %
ROI0.5 %1.1 %1.6 %0.8 %1.1 %
Economic value added (EVA)-65.58-55.76-48.87-61.16-52.78
Solvency
Equity ratio87.5 %87.7 %89.1 %90.7 %91.5 %
Gearing13.1 %12.3 %10.8 %8.6 %7.9 %
Relative net indebtedness %183.8 %149.7 %113.0 %107.9 %89.9 %
Liquidity
Quick ratio1.91.62.72.22.5
Current ratio1.91.62.72.22.5
Cash and cash equivalents31.5652.0949.8938.1138.25
Capital use efficiency
Trade debtors turnover (days)25.413.855.347.331.6
Net working capital %23.4 %26.1 %44.1 %34.2 %35.4 %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:1.06%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.5%
Rating: 72/100
-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

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