MIDDELFART ERHVERV ApS — Credit Rating and Financial Key Figures

CVR number: 34595070
Vendersgade 26 E, 7000 Fredericia

Credit rating

Company information

Official name
MIDDELFART ERHVERV ApS
Established
2012
Company form
Private limited company
Industry

About MIDDELFART ERHVERV ApS

MIDDELFART ERHVERV ApS (CVR number: 34595070) is a company from FREDERICIA. The company recorded a gross profit of 216.2 kDKK in 2024. The operating profit was 131.4 kDKK, while net earnings were 5.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 26.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MIDDELFART ERHVERV ApS's liquidity measured by quick ratio was 1.8 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit285.43396.22483.773 052.03216.20
EBIT146.65257.44344.992 931.25131.41
Net earnings-28.9867.53169.502 296.085.90
Shareholders equity total643.28710.82880.313 176.391 157.29
Balance sheet total (assets)7 351.167 268.047 286.646 960.424 360.12
Net debt5 019.604 746.924 419.83433.272 980.52
Profitability
EBIT-%
ROA2.0 %3.5 %4.7 %41.8 %2.4 %
ROE-4.4 %10.0 %21.3 %113.2 %0.3 %
ROI2.3 %4.2 %5.7 %47.9 %2.5 %
Economic value added (EVA)- 163.47- 117.36-25.662 083.17- 224.02
Solvency
Equity ratio8.8 %9.8 %12.1 %45.6 %26.5 %
Gearing794.2 %689.8 %533.4 %98.8 %262.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.24.21.8
Current ratio0.10.10.24.21.8
Cash and cash equivalents89.52156.66275.892 705.1358.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:2.36%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.5%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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