Midtbyens Ejendomme A/S — Credit Rating and Financial Key Figures

CVR number: 70821915
Sædding Strandvej 20, 6710 Esbjerg V
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Company information

Official name
Midtbyens Ejendomme A/S
Personnel
4 persons
Established
1982
Company form
Limited company
Industry

About Midtbyens Ejendomme A/S

Midtbyens Ejendomme A/S (CVR number: 70821915) is a company from ESBJERG. The company recorded a gross profit of 5227.5 kDKK in 2024. The operating profit was 3899.8 kDKK, while net earnings were 1555.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 39.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Midtbyens Ejendomme A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit6 956.6417 997.664 151.295 067.805 227.49
EBIT5 533.7016 698.312 998.423 679.223 899.78
Net earnings3 551.0212 206.461 468.641 444.221 555.35
Shareholders equity total26 880.0539 086.5140 555.1541 999.3743 554.72
Balance sheet total (assets)97 034.01110 316.51110 473.64110 563.12110 957.95
Net debt58 125.8856 475.2155 465.7254 086.6352 551.73
Profitability
EBIT-%
ROA5.9 %16.1 %2.7 %3.3 %3.5 %
ROE14.1 %37.0 %3.7 %3.5 %3.6 %
ROI6.0 %16.3 %2.8 %3.4 %3.6 %
Economic value added (EVA)-45.808 283.78-2 935.29-2 380.05-2 411.06
Solvency
Equity ratio27.7 %35.5 %36.7 %38.0 %39.3 %
Gearing217.6 %144.5 %136.8 %128.8 %120.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.00.10.1
Current ratio0.10.00.00.10.1
Cash and cash equivalents364.1919.9130.7712.3034.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.53%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.3%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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