MIDFORM HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28118996
Fjordvej 116, Strandhuse 6000 Kolding
ch@midform.dk
tel: 28356407

Company information

Official name
MIDFORM HOLDING ApS
Personnel
2 persons
Established
2004
Domicile
Strandhuse
Company form
Private limited company
Industry

About MIDFORM HOLDING ApS

MIDFORM HOLDING ApS (CVR number: 28118996K) is a company from KOLDING. The company recorded a gross profit of 39.7 mDKK in 2018. The operating profit was 11.6 mDKK, while net earnings were 9855 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.9 %, which can be considered excellent and Return on Equity (ROE) was 26.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.1 %, 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. MIDFORM HOLDING ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
Volume
Net sales
Gross profit49 706.0039 674.00
EBIT19 166.0011 640.00
Net earnings16 787.009 855.00
Shareholders equity total36 743.0037 825.00
Balance sheet total (assets)59 939.0061 890.00
Net debt-1 205.003 272.00
Profitability
EBIT-%
ROA35.9 %21.9 %
ROE45.7 %26.7 %
ROI50.2 %30.4 %
Economic value added (EVA)15 361.176 866.48
Solvency
Equity ratio61.8 %61.1 %
Gearing16.7 %17.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.0
Current ratio2.22.1
Cash and cash equivalents7 326.003 298.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAA

Variable visualization

ROA:21.9%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.1%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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