MIDDELGADE 10 ApS — Credit Rating and Financial Key Figures

CVR number: 26425220
Wibroesvej 3, 9000 Aalborg
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Company information

Official name
MIDDELGADE 10 ApS
Personnel
1 person
Established
2002
Company form
Private limited company
Industry

About MIDDELGADE 10 ApS

MIDDELGADE 10 ApS (CVR number: 26425220) is a company from AALBORG. The company recorded a gross profit of -225.3 kDKK in 2023. The operating profit was -393.3 kDKK, while net earnings were -414.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.4 %, which can be considered poor and Return on Equity (ROE) was -46.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MIDDELGADE 10 ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 306.52- 327.23-93.46- 125.67- 225.32
EBIT- 336.38- 423.99- 113.19- 409.28- 393.26
Net earnings-1 014.34- 603.95-78.65- 423.90- 414.30
Shareholders equity total2 207.331 603.381 524.721 100.82686.52
Balance sheet total (assets)2 275.692 140.192 201.732 083.031 536.23
Net debt-1 063.89497.78407.39414.62412.04
Profitability
EBIT-%
ROA-10.1 %-18.9 %-3.0 %-17.6 %-20.4 %
ROE-36.7 %-31.7 %-5.0 %-32.3 %-46.4 %
ROI-10.2 %-19.2 %-3.2 %-21.9 %-28.1 %
Economic value added (EVA)- 152.14- 479.34- 199.03- 482.54- 448.53
Solvency
Equity ratio97.0 %74.9 %69.3 %52.8 %44.7 %
Gearing1.9 %31.1 %26.7 %37.8 %61.7 %
Relative net indebtedness %
Liquidity
Quick ratio33.34.02.81.51.3
Current ratio33.34.02.81.51.3
Cash and cash equivalents1 105.890.080.020.9411.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-20.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.7%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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