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MIDFORM HOLDING ApS — Credit Rating and Financial Key Figures

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

Income statement (kDKK)

2015
2016
2017
2018
Fiscal period length12121212
Net sales
Gross profit59 077.0074 048.0049 706.0039 674.00
Employee benefit expenses-29 422.00-27 377.00-28 732.00-25 750.00
Total depreciation- 712.00-1 529.00-1 808.00-2 284.00
EBIT28 943.0045 142.0019 166.0011 640.00
Other financial income456.00161.002 348.001 726.00
Other financial expenses-4 527.00-3 377.00- 569.00-41.00
Pre-tax profit24 872.0041 926.0020 945.0013 325.00
Income taxes-7 416.00-11 674.00-4 158.00-3 470.00
Net earnings17 456.0030 252.0016 787.009 855.00

Assets (kDKK)

2015
2016
2017
2018
Development expenditure217.00272.00700.00575.00
Goodwill1 397.00
Intangible assets total217.00272.00700.001 972.00
Land and waters12 236.0016 304.0016 330.0015 995.00
Machinery and equipment3 061.003 970.004 399.004 191.00
Tangible assets total15 297.0020 274.0020 729.0020 186.00
Investments total293.00
Long term receivables total
Semifinished products3 116.002 507.002 952.001 136.00
Raw materials and consumables8 241.001 525.009 550.008 800.00
Finished products/goods10 259.0019 497.006 851.0011 146.00
Inventories total21 616.0023 529.0019 353.0021 082.00
Current trade debtors15 892.0019 631.008 774.0011 848.00
Current amounts owed by group member comp.8.001 236.00
Prepayments and accrued income1 202.001 045.00526.00712.00
Current other receivables696.002 502.001 975.001 370.00
Current deferred tax assets1 289.00364.00556.00186.00
Short term receivables total19 087.0023 542.0011 831.0015 352.00
Cash and bank deposits15 364.003 621.007 326.003 298.00
Cash and cash equivalents15 364.003 621.007 326.003 298.00
Balance sheet total (assets)71 874.0071 238.0059 939.0061 890.00

Equity and liabilities (kDKK)

2015
2016
2017
2018
Share capital125.00125.00125.00125.00
Shares repurchased10 000.0010 000.0010 000.00
Retained earnings2 922.00-9 349.009 831.0016 989.00
Profit of the financial year17 456.0030 252.0016 787.009 855.00
Minority interest (BS)856.00
Shareholders equity total20 503.0031 028.0036 743.0037 825.00
Provisions451.0029.00704.00
Non-current loans from credit institutions12 754.0011 003.005 256.004 845.00
Non-current deferred tax liabilities1 039.00
Non-current liabilities total12 754.0012 042.005 256.004 845.00
Current loans from credit institutions13 025.004 499.00453.001 531.00
Advances received250.00507.0023.00
Current trade creditors7 458.0010 750.009 013.0010 701.00
Current owed to group member1 229.00304.00412.00194.00
Short-term deferred tax liabilities7 083.007 191.003 215.002 174.00
Other non-interest bearing current liabilities9 822.004 723.004 311.003 893.00
Current liabilities total38 617.0027 717.0017 911.0018 516.00
Balance sheet total (liabilities)71 874.0071 238.0059 939.0061 890.00
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