MIDDELGRUNDSFONDEN — Credit Rating and Financial Key Figures

CVR number: 36697334
Arsenalvej 10, 1436 København K

Credit rating

Company information

Official name
MIDDELGRUNDSFONDEN
Established
2015
Industry
  • Expand more icon88Social work activities without accommodation

About MIDDELGRUNDSFONDEN

MIDDELGRUNDSFONDEN (CVR number: 36697334) is a company from KØBENHAVN. The company reported a net sales of 1.3 mDKK in 2023, demonstrating a growth of 6.4 % compared to the previous year. The operating profit percentage was at 26.9 % (EBIT: 0.4 mDKK), while net earnings were 358.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 84 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIDDELGRUNDSFONDEN's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales400.001 201.741 207.521 252.061 332.50
Gross profit57 134.231 870.32715.72709.69484.16
EBIT334.04- 510.73539.38632.19358.76
Net earnings289.33- 517.44532.33623.79358.76
Shareholders equity total21 289.3320 482.5620 886.9021 510.6921 369.45
Balance sheet total (assets)28 715.7020 833.2921 225.8722 179.2425 445.71
Net debt-4 873.74- 420.81- 958.90-1 745.48-2 804.52
Profitability
EBIT-%83.5 %-42.5 %44.7 %50.5 %26.9 %
ROA1.0 %-2.1 %2.6 %2.9 %1.5 %
ROE1.4 %-2.5 %2.6 %2.9 %1.7 %
ROI1.6 %-2.4 %2.6 %2.9 %1.6 %
Economic value added (EVA)- 228.95-1 321.07- 468.72- 369.19- 609.31
Solvency
Equity ratio74.1 %98.3 %98.4 %97.0 %84.0 %
Gearing
Relative net indebtedness %638.2 %-5.8 %-51.3 %-86.0 %95.4 %
Liquidity
Quick ratio1.211.028.35.90.8
Current ratio1.211.028.35.90.8
Cash and cash equivalents4 873.74420.81958.901 745.482 804.52
Capital use efficiency
Trade debtors turnover (days)1 267.735.2
Net working capital %282.9 %41.6 %85.6 %136.5 %-60.3 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:1.51%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.0%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

Companies in the same industry

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