MIDDELFART ERHVERVSPARK A/S — Credit Rating and Financial Key Figures

CVR number: 20285788
Nygade 2, 5500 Middelfart
kontakt@middelfart-erhverv.dk
tel: 88325990

Company information

Official name
MIDDELFART ERHVERVSPARK A/S
Established
1996
Company form
Limited company
Industry

About MIDDELFART ERHVERVSPARK A/S

MIDDELFART ERHVERVSPARK A/S (CVR number: 20285788) is a company from MIDDELFART. The company recorded a gross profit of -36.9 kDKK in 2022. The operating profit was -36.9 kDKK, while net earnings were -70.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIDDELFART ERHVERVSPARK A/S's liquidity measured by quick ratio was 190.3 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit213.85436.44436.44766.14-36.87
EBIT63.53286.12286.12766.14-36.87
Net earnings16.73212.74212.74614.60-70.17
Shareholders equity total3 576.673 806.723 806.724 421.324 351.15
Balance sheet total (assets)4 899.374 440.384 440.384 441.844 374.13
Net debt906.47134.88134.88-4 411.34-4 363.78
Profitability
EBIT-%
ROA1.3 %6.1 %6.4 %17.3 %-0.8 %
ROE0.5 %5.8 %5.6 %14.9 %-1.6 %
ROI1.3 %6.5 %6.9 %17.9 %-0.8 %
Economic value added (EVA)- 148.1240.5732.84448.63-37.37
Solvency
Equity ratio73.0 %85.7 %85.7 %99.5 %99.5 %
Gearing25.3 %3.5 %3.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.0216.5190.3
Current ratio0.0216.5190.3
Cash and cash equivalents4 411.344 363.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBB

Variable visualization

ROA:-0.84%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 92/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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