Midt Bolig ApS — Credit Rating and Financial Key Figures

CVR number: 40479732
Mimersvej 8, 8800 Viborg

Company information

Official name
Midt Bolig ApS
Established
2019
Company form
Private limited company
Industry

About Midt Bolig ApS

Midt Bolig ApS (CVR number: 40479732) is a company from VIBORG. The company recorded a gross profit of 71.8 kDKK in 2023. The operating profit was 71.8 kDKK, while net earnings were 55.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak but Return on Equity (ROE) was 19 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Midt Bolig ApS's liquidity measured by quick ratio was 3.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit66.2773.3374.2972.5671.83
EBIT66.2773.3374.2972.5671.83
Net earnings37.7872.5556.8956.2255.16
Shareholders equity total77.78150.33207.22263.44318.59
Balance sheet total (assets)2 053.162 124.382 181.842 253.942 306.84
Net debt1 860.001 816.461 759.061 687.051 634.57
Profitability
EBIT-%
ROA3.5 %3.4 %3.5 %3.3 %3.2 %
ROE48.6 %63.6 %31.8 %23.9 %19.0 %
ROI3.6 %3.5 %3.5 %3.4 %3.2 %
Economic value added (EVA)50.8756.4754.9853.6953.70
Solvency
Equity ratio3.8 %7.1 %9.5 %96.0 %96.2 %
Gearing2481.9 %1269.2 %920.8 %724.3 %598.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.93.13.03.9
Current ratio1.31.93.13.03.9
Cash and cash equivalents70.4491.60149.00221.01273.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:3.15%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.2%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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