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Midas DK ApS — Credit Rating and Financial Key Figures

CVR number: 38553127
Birkagervej 11, 2720 Vanløse
Flem100@live.dk
tel: 42458030
Free credit report Annual report

Company information

Official name
Midas DK ApS
Established
2017
Company form
Private limited company
Industry

About Midas DK ApS

Midas DK ApS (CVR number: 38553127) is a company from KØBENHAVN. The company recorded a gross profit of -25.6 kDKK in 2024. The operating profit was -25.6 kDKK, while net earnings were 74.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 76.6 %, which can be considered excellent and Return on Equity (ROE) was 87.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 89.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Midas DK ApS's liquidity measured by quick ratio was 6.3 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 profit8.40-10.531.072.79-25.56
EBIT-8.40-10.531.072.79-25.56
Net earnings21.65- 144.841.042.8074.46
Shareholders equity total188.6343.7944.8447.63122.10
Balance sheet total (assets)252.1854.5051.6858.61135.82
Net debt0.1110.71-1.682.36-72.10
Profitability
EBIT-%
ROA10.0 %-94.5 %2.0 %5.1 %76.6 %
ROE12.2 %-124.6 %2.4 %6.1 %87.7 %
ROI13.3 %-119.1 %2.2 %5.4 %76.6 %
Economic value added (EVA)-16.79-20.02-1.670.54-28.51
Solvency
Equity ratio74.8 %80.4 %86.8 %81.3 %89.9 %
Gearing0.1 %24.4 %23.0 %11.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.20.86.3
Current ratio0.40.40.20.86.3
Cash and cash equivalents1.688.6185.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:76.6%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.9%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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