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MIDTGAARD FARVER A/S — Credit Rating and Financial Key Figures

CVR number: 13000603
Åkirkebyvej 2, 7400 Herning
tel: 97223453
Free credit report Annual report

Income statement (kDKK)

2021
2022
2023
2024
2025
Fiscal period length1212121212
Net sales
Gross profit12 344.7313 069.8311 716.3911 708.5313 704.41
Employee benefit expenses-8 433.55-8 937.31-9 003.01-9 890.65-11 014.71
Other operating expenses- 166.66
Total depreciation- 267.25- 323.61- 326.38- 380.70- 433.76
EBIT3 643.943 808.902 386.991 437.182 089.28
Other financial income8.635.5829.8092.6926.18
Other financial expenses-13.67-9.54-0.31-1.57-0.85
Pre-tax profit3 638.903 804.942 416.481 528.302 114.61
Income taxes- 807.80- 843.93- 544.89- 352.00- 480.71
Net earnings2 831.102 961.021 871.601 176.301 633.90

Assets (kDKK)

2021
2022
2023
2024
2025
Intangible assets total
Buildings70.2756.1445.2635.4426.48
Machinery and equipment619.13810.13662.891 472.141 358.26
Tangible assets total689.40866.27708.151 507.581 384.74
Investments total118.77120.28121.83123.40125.00
Long term receivables total
Finished products/goods11 484.7411 873.8512 612.5512 938.0412 236.99
Advance payments1 697.01
Inventories total13 181.7511 873.8512 612.5512 938.0412 236.99
Current trade debtors3 352.903 655.083 228.103 612.844 233.79
Prepayments and accrued income41.84
Current other receivables657.24435.92419.22365.75365.52
Current deferred tax assets37.5839.3648.9920.4342.23
Short term receivables total4 089.574 130.363 696.313 999.034 641.54
Cash and bank deposits3 875.352 791.824 811.901 384.853 488.04
Cash and cash equivalents3 875.352 791.824 811.901 384.853 488.04
Balance sheet total (assets)21 954.8419 782.5721 950.7319 952.8921 876.31

Equity and liabilities (kDKK)

2021
2022
2023
2024
2025
Share capital690.00690.00690.00690.00690.00
Shares repurchased3 500.001 500.001 000.002 000.00
Retained earnings4 284.773 615.885 076.905 948.495 124.79
Profit of the financial year2 831.102 961.021 871.601 176.301 633.90
Shareholders equity total7 805.8810 766.909 138.498 814.799 448.70
Non-current liabilities total
Current loans from credit institutions10.1813.688.2112.4614.52
Current trade creditors1 234.031 183.083 905.234 853.236 078.05
Current owed to group member8 151.793 629.306 783.254 534.972 698.55
Short-term deferred tax liabilities813.12845.70554.52323.44502.50
Other non-interest bearing current liabilities3 939.853 343.921 561.031 413.993 133.99
Current liabilities total14 148.979 015.6812 812.2311 138.0912 427.61
Balance sheet total (liabilities)21 954.8419 782.5721 950.7319 952.8921 876.31
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