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Midtgaard´s Gulve ApS — Credit Rating and Financial Key Figures

CVR number: 37648078
Industriparken 34, 2750 Ballerup
info@mgulve.dk
tel: 26703300
Free credit report Annual report

Company information

Official name
Midtgaard´s Gulve ApS
Personnel
3 persons
Established
2016
Company form
Private limited company
Industry

About Midtgaard´s Gulve ApS

Midtgaard´s Gulve ApS (CVR number: 37648078) is a company from BALLERUP. The company recorded a gross profit of 807 kDKK in 2024. The operating profit was 92.7 kDKK, while net earnings were 92.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was 16.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Midtgaard´s Gulve ApS's liquidity measured by quick ratio was 2.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 355.551 517.671 135.94624.25806.99
EBIT443.92547.44427.95- 535.4992.69
Net earnings394.69414.59275.90- 544.1392.26
Shareholders equity total372.90787.501 063.39519.27611.42
Balance sheet total (assets)775.331 349.321 673.191 282.08985.43
Net debt- 388.52- 800.79-1 089.54- 160.24-99.62
Profitability
EBIT-%
ROA66.1 %51.5 %28.3 %-36.2 %8.7 %
ROE86.0 %71.5 %29.8 %-68.8 %16.3 %
ROI238.1 %94.4 %43.6 %-50.8 %12.1 %
Economic value added (EVA)398.52403.70240.99- 597.6546.85
Solvency
Equity ratio48.1 %58.4 %63.6 %40.5 %62.0 %
Gearing10.6 %78.8 %14.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.42.61.52.3
Current ratio1.92.42.61.52.3
Cash and cash equivalents388.52800.791 202.52569.47188.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:8.72%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.0%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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