midakInvestments ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About midakInvestments ApS
midakInvestments ApS (CVR number: 40274316) is a company from RUDERSDAL. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -5.8 kDKK, while net earnings were 45.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 67.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. midakInvestments ApS's liquidity measured by quick ratio was 2.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1.15 | -8.67 | |||
EBIT | -1.15 | -8.67 | -20.37 | -5.84 | |
Net earnings | 1.78 | 83.18 | -21.68 | 39.89 | 45.93 |
Shareholders equity total | 48.41 | 331.59 | 759.91 | 799.80 | 845.73 |
Balance sheet total (assets) | 204.78 | 444.21 | 1 139.87 | 1 181.97 | 1 254.86 |
Net debt | 116.21 | - 334.92 | - 527.27 | - 578.41 | - 455.14 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.8 % | 25.4 % | -3.3 % | 4.4 % | 6.8 % |
ROE | 3.7 % | 43.8 % | -4.0 % | 5.1 % | 5.6 % |
ROI | 2.8 % | 25.6 % | -3.3 % | 4.5 % | 6.8 % |
Economic value added (EVA) | -0.93 | -9.18 | 5.51 | -8.49 | 3.81 |
Solvency | |||||
Equity ratio | 23.6 % | 74.6 % | 66.7 % | 67.7 % | 67.4 % |
Gearing | 323.0 % | 32.1 % | 50.0 % | 47.5 % | 46.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 3.9 | 2.4 | 2.5 | 2.1 |
Current ratio | 0.3 | 3.9 | 2.4 | 2.5 | 2.1 |
Cash and cash equivalents | 40.15 | 441.28 | 907.23 | 958.38 | 844.78 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
Variable visualization
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