Køge Midco ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Køge Midco ApS
Køge Midco ApS (CVR number: 38186299) is a company from KØBENHAVN. The company recorded a gross profit of -63.7 kDKK in 2023. The operating profit was -63.7 kDKK, while net earnings were -39 mDKK. The profitability of the company measured by Return on Assets (ROA) was -3.3 %, which can be considered poor and Return on Equity (ROE) was -14.9 %, which can be considered poor. 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. Køge Midco ApS's liquidity measured by quick ratio was 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 126.00 | -77.00 | -86.00 | -82.00 | -63.66 |
EBIT | - 126.00 | -77.00 | -86.00 | -82.00 | -63.66 |
Net earnings | 72 860.00 | 29 785.00 | 94 832.00 | 25 985.00 | -38 970.57 |
Shareholders equity total | 188 199.00 | 200 694.00 | 271 626.00 | 293 641.00 | 228 524.48 |
Balance sheet total (assets) | 539 029.00 | 548 745.00 | 620 407.00 | 649 860.00 | 581 542.10 |
Net debt | 350 766.00 | 347 921.00 | 347 741.00 | 348 414.00 | 349 021.18 |
Profitability | |||||
EBIT-% | |||||
ROA | 21.1 % | 6.4 % | 17.1 % | 5.1 % | -3.3 % |
ROE | 44.1 % | 15.3 % | 40.2 % | 9.2 % | -14.9 % |
ROI | 21.1 % | 6.4 % | 17.1 % | 5.1 % | -3.3 % |
Economic value added (EVA) | -71.25 | -5 317.77 | -2 852.58 | 2 061.27 | 1 333.11 |
Solvency | |||||
Equity ratio | 34.9 % | 36.6 % | 43.8 % | 45.2 % | 39.3 % |
Gearing | 186.4 % | 173.4 % | 128.0 % | 118.7 % | 152.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3 944.3 | 3 202.8 | 200.3 | 30.0 | 0.6 |
Current ratio | 3 944.3 | 3 202.8 | 200.3 | 30.0 | 0.6 |
Cash and cash equivalents | 58.00 | 14.00 | 78.00 | 207.44 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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