Midsto ApS — Credit Rating and Financial Key Figures

CVR number: 39307502
Falkonergårdsvej 15, 1959 Frederiksberg C
cmunter@gmail.com
tel: 24811623
www.midsto.com

Credit rating

Company information

Official name
Midsto ApS
Established
2018
Company form
Private limited company
Industry

About Midsto ApS

Midsto ApS (CVR number: 39307502) is a company from FREDERIKSBERG. The company reported a net sales of 0.2 mDKK in 2022, demonstrating a decline of -28.9 % compared to the previous year. The operating profit percentage was at 93.3 % (EBIT: 0.1 mDKK), while net earnings were 111.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.7 %, which can be considered excellent and Return on Equity (ROE) was 32 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Midsto ApS's liquidity measured by quick ratio was 12.4 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales100.0063.18220.19156.66
Gross profit95.8461.34204.50146.22
EBIT95.8461.34204.50146.22
Net earnings74.76-1.8147.40157.99111.44
Shareholders equity total110.8487.37134.69292.68404.12
Balance sheet total (assets)110.8487.37153.79357.08439.43
Net debt- 110.84-87.37- 153.79- 357.08- 421.88
Profitability
EBIT-%95.8 %97.1 %92.9 %93.3 %
ROA86.5 %50.9 %80.1 %36.7 %
ROE67.4 %-1.8 %42.7 %73.9 %32.0 %
ROI86.5 %55.2 %95.7 %42.0 %
Economic value added (EVA)74.7651.57164.10122.05
Solvency
Equity ratio100.0 %100.0 %87.6 %82.0 %92.0 %
Gearing
Relative net indebtedness %-110.8 %-213.2 %-132.9 %-246.8 %
Liquidity
Quick ratio8.15.512.4
Current ratio8.15.512.4
Cash and cash equivalents110.8487.37153.79357.08421.88
Capital use efficiency
Trade debtors turnover (days)40.9
Net working capital %110.8 %213.2 %132.9 %258.0 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:36.7%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.0%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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