MIDDELFART SPILDEVAND HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIDDELFART SPILDEVAND HOLDING A/S
MIDDELFART SPILDEVAND HOLDING A/S (CVR number: 32264271) is a company from MIDDELFART. The company reported a net sales of 0.5 mDKK in 2024, demonstrating a growth of 16.1 % compared to the previous year. The operating profit percentage was at 7.9 % (EBIT: 0 mDKK), while net earnings were 15.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIDDELFART SPILDEVAND HOLDING A/S's liquidity measured by quick ratio was 7.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 564.00 | 581.00 | 470.00 | 466.00 | 541.00 |
Gross profit | 122.00 | 35.00 | 58.00 | 35.00 | 43.00 |
EBIT | 48.00 | 25.00 | 48.00 | 34.00 | 43.00 |
Net earnings | 3 417.00 | 11 930.00 | 19 622.00 | 8 088.00 | 15 759.00 |
Shareholders equity total | 1 269 832.00 | 1 281 762.00 | 1 301 384.00 | 1 309 473.00 | 1 325 232.00 |
Balance sheet total (assets) | 1 269 897.00 | 1 281 901.00 | 1 301 426.00 | 1 309 521.00 | 1 325 313.00 |
Net debt | - 345.00 | 99.00 | 1.00 | -32.00 | 20.00 |
Profitability | |||||
EBIT-% | 8.5 % | 4.3 % | 10.2 % | 7.3 % | 7.9 % |
ROA | 0.3 % | 0.9 % | 1.5 % | 0.6 % | 1.2 % |
ROE | 0.3 % | 0.9 % | 1.5 % | 0.6 % | 1.2 % |
ROI | 0.3 % | 0.9 % | 1.5 % | 0.6 % | 1.2 % |
Economic value added (EVA) | -63 601.64 | -63 784.06 | -64 358.13 | -65 360.60 | -65 758.97 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 100.0 % | 100.0 % |
Gearing | 0.0 % | 0.0 % | 0.0 % | 0.0 % | |
Relative net indebtedness % | -49.6 % | 23.9 % | 8.9 % | -0.6 % | 15.0 % |
Liquidity | |||||
Quick ratio | 7.5 | 4.1 | 12.3 | 11.1 | 7.3 |
Current ratio | 7.5 | 4.1 | 12.3 | 11.1 | 7.3 |
Cash and cash equivalents | 345.00 | 51.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 75.0 % | 74.9 % | 101.1 % | 104.5 % | 93.7 % |
Credit risk | |||||
Credit rating | A | AA | A | A | A |
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