MIDTGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29207488
Vesterbrogade 74, 1620 København V

Company information

Official name
MIDTGAARD HOLDING ApS
Established
2005
Company form
Private limited company
Industry

About MIDTGAARD HOLDING ApS

MIDTGAARD HOLDING ApS (CVR number: 29207488) is a company from KØBENHAVN. The company recorded a gross profit of -1837.6 kDKK in 2024. The operating profit was -4785.1 kDKK, while net earnings were 12.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent and Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIDTGAARD HOLDING ApS's liquidity measured by quick ratio was 420.2 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 profit- 838.97-1 928.65-1 853.65-1 728.14-1 837.63
EBIT-3 241.05-5 165.77-4 157.55-4 477.58-4 785.09
Net earnings111.133 492.13-21 069.0534 677.5012 709.48
Shareholders equity total177 640.34181 132.47160 063.42184 740.92197 450.40
Balance sheet total (assets)190 866.53197 269.61169 213.88186 409.59197 855.23
Net debt- 144 601.30- 165 087.46- 148 766.88- 158 555.49- 169 896.79
Profitability
EBIT-%
ROA1.3 %2.7 %0.0 %19.8 %6.9 %
ROE0.1 %1.9 %-12.4 %20.1 %6.7 %
ROI1.3 %2.7 %0.0 %19.9 %7.0 %
Economic value added (EVA)-11 986.75-13 149.24-13 918.49-12 908.74-13 958.42
Solvency
Equity ratio93.1 %91.8 %94.6 %99.1 %99.8 %
Gearing6.7 %7.0 %5.2 %0.4 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio11.811.017.295.4420.2
Current ratio11.811.017.295.4420.2
Cash and cash equivalents156 549.39177 744.12157 042.45159 204.96170 073.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:6.93%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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