MIDFORM HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 464.40 | 1 297.05 | - 451.60 | - 406.20 | - 424.51 |
EBIT | -1 220.07 | - 371.48 | -1 797.74 | -1 896.88 | -1 950.03 |
Net earnings | 184 875.96 | -1 097.02 | -9 196.91 | -7 842.20 | -42 103.26 |
Shareholders equity total | 57 750.70 | 56 658.89 | 47 453.16 | 39 610.96 | -2 492.30 |
Balance sheet total (assets) | 58 877.83 | 57 527.05 | 49 726.01 | 48 311.95 | 9 848.22 |
Net debt | -10 399.51 | -6 366.98 | -1 252.71 | 6 134.41 | 10 074.78 |
Profitability | |||||
EBIT-% | |||||
ROA | 259.2 % | -1.7 % | -5.3 % | -8.2 % | -7.1 % |
ROE | 349.8 % | -1.9 % | -17.7 % | -18.0 % | -170.3 % |
ROI | 264.1 % | -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 ratio | 98.1 % | 98.5 % | 95.4 % | 82.0 % | -20.2 % |
Gearing | 0.3 % | 15.8 % | -404.8 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 21.5 | 23.2 | 49.7 | 26.1 | 3.5 |
Current ratio | 21.5 | 23.2 | 49.7 | 26.1 | 3.5 |
Cash and cash equivalents | 10 399.51 | 6 530.83 | 1 252.71 | 112.50 | 15.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | B |
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