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: 28118996) is a company from KOLDING. The company recorded a gross profit of -424.5 kDKK in 2024. The operating profit was -1950 kDKK, while net earnings were -42.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -7.1 %, which can be considered poor and Return on Equity (ROE) was -170.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -20.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MIDFORM HOLDING ApS's liquidity measured by quick ratio was 3.5 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 profit2 464.401 297.05- 451.60- 406.20- 424.51
EBIT-1 220.07- 371.48-1 797.74-1 896.88-1 950.03
Net earnings184 875.96-1 097.02-9 196.91-7 842.20-42 103.26
Shareholders equity total57 750.7056 658.8947 453.1639 610.96-2 492.30
Balance sheet total (assets)58 877.8357 527.0549 726.0148 311.959 848.22
Net debt-10 399.51-6 366.98-1 252.716 134.4110 074.78
Profitability
EBIT-%
ROA259.2 %-1.7 %-5.3 %-8.2 %-7.1 %
ROE349.8 %-1.9 %-17.7 %-18.0 %-170.3 %
ROI264.1 %-1.7 %-5.5 %-8.6 %-7.7 %
Economic value added (EVA)-91.82-2 670.30-4 099.54-4 001.98-3 903.34
Solvency
Equity ratio98.1 %98.5 %95.4 %82.0 %-20.2 %
Gearing0.3 %15.8 %-404.8 %
Relative net indebtedness %
Liquidity
Quick ratio21.523.249.726.13.5
Current ratio21.523.249.726.13.5
Cash and cash equivalents10 399.516 530.831 252.71112.5015.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBB

Variable visualization

ROA:-7.06%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-20.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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