Midgården Invest ApS — Credit Rating and Financial Key Figures

CVR number: 39591782
Midgården 3, 9230 Svenstrup J

Credit rating

Company information

Official name
Midgården Invest ApS
Established
2018
Company form
Private limited company
Industry

About Midgården Invest ApS

Midgården Invest ApS (CVR number: 39591782) is a company from AALBORG. The company recorded a gross profit of -10 kDKK in 2024. The operating profit was -10 kDKK, while net earnings were -67.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.9 %, which can be considered good but Return on Equity (ROE) was -14.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.1 %, 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. Midgården Invest ApS's liquidity measured by quick ratio was 0 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 profit-8.80-8.25-8.50-10.40-10.00
EBIT-8.80-8.25-8.50-10.40-10.00
Net earnings0.04-37.3073.333.47-67.61
Shareholders equity total29.61-7.69495.64499.11431.50
Balance sheet total (assets)1 959.251 850.171 781.912 291.932 145.31
Net debt12.19677.8765.4231.570.28
Profitability
EBIT-%
ROA3.0 %13.5 %17.6 %19.2 %13.9 %
ROE0.1 %-4.0 %6.3 %0.7 %-14.5 %
ROI98.5 %1.7 %22.7 %17.5 %7.7 %
Economic value added (EVA)-12.83-8.64-40.21-35.15-36.07
Solvency
Equity ratio1.5 %-0.4 %27.8 %21.8 %20.1 %
Gearing41.2 %-8811.5 %13.2 %6.3 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents0.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:13.9%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.1%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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