Midtfyns Bolighandel ApS — Credit Rating and Financial Key Figures

CVR number: 34485577
Stationsvej 15, 5750 Ringe

Company information

Official name
Midtfyns Bolighandel ApS
Personnel
8 persons
Established
2012
Company form
Private limited company
Industry

About Midtfyns Bolighandel ApS

Midtfyns Bolighandel ApS (CVR number: 34485577) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 3547.7 kDKK in 2024. The operating profit was 974.7 kDKK, while net earnings were 735.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.7 %, which can be considered excellent and Return on Equity (ROE) was 67.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18 %, 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. Midtfyns Bolighandel ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 553.836 171.672 976.842 771.153 547.68
EBIT834.552 435.93-69.31- 105.26974.66
Net earnings1 308.871 911.56- 101.15- 119.06735.13
Shareholders equity total3 191.622 103.1891.03-28.03707.10
Balance sheet total (assets)5 403.973 741.271 419.711 477.424 273.92
Net debt-1 916.29-2 540.94-85.8028.96-3 604.35
Profitability
EBIT-%
ROA32.8 %55.5 %-2.4 %-7.2 %33.7 %
ROE51.6 %72.2 %-9.2 %-15.2 %67.3 %
ROI51.5 %94.2 %-4.5 %-17.9 %160.5 %
Economic value added (EVA)590.781 720.75- 167.62- 122.57728.67
Solvency
Equity ratio65.7 %58.6 %8.5 %-2.7 %18.0 %
Gearing646.7 %-1738.9 %
Relative net indebtedness %
Liquidity
Quick ratio3.32.31.11.11.2
Current ratio2.52.10.80.81.1
Cash and cash equivalents1 916.292 540.94674.45458.443 604.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:33.7%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.0%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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