K/S MIDT-I KONGENSGADE 27-29, ESBJERG — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S MIDT-I KONGENSGADE 27-29, ESBJERG
K/S MIDT-I KONGENSGADE 27-29, ESBJERG (CVR number: 27446833) is a company from ESBJERG. The company reported a net sales of 5.9 mDKK in 2024, demonstrating a growth of 10.4 % compared to the previous year. The operating profit percentage was poor at -93.8 % (EBIT: -5.6 mDKK), while net earnings were -6942.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.4 %, which can be considered poor and Return on Equity (ROE) was -19.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -3.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. K/S MIDT-I KONGENSGADE 27-29, ESBJERG'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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 9 407.95 | 6 252.66 | 6 302.89 | 5 384.37 | 5 943.51 |
Gross profit | 5 939.58 | 2 956.01 | 3 138.54 | 1 974.07 | 3 312.58 |
EBIT | -7 498.14 | -2 062.92 | 776.66 | -1 565.09 | -5 577.09 |
Net earnings | -9 357.01 | -3 721.59 | - 761.71 | -2 978.27 | -6 942.16 |
Shareholders equity total | -2 045.83 | -3 142.42 | -1 279.13 | 117.61 | -2 513.88 |
Balance sheet total (assets) | 91 541.49 | 84 256.94 | 82 001.02 | 77 980.81 | 70 177.93 |
Net debt | 83 388.34 | 81 501.29 | 76 567.19 | 71 674.11 | 65 639.22 |
Profitability | |||||
EBIT-% | -79.7 % | -33.0 % | 12.3 % | -29.1 % | -93.8 % |
ROA | -7.6 % | -2.3 % | 0.9 % | -1.9 % | -7.4 % |
ROE | -19.4 % | -4.2 % | -0.9 % | -7.3 % | -19.8 % |
ROI | -7.7 % | -2.3 % | 0.9 % | -2.0 % | -7.6 % |
Economic value added (EVA) | -12 617.84 | -6 475.36 | -3 326.58 | -5 508.07 | -9 336.65 |
Solvency | |||||
Equity ratio | -2.2 % | -3.6 % | -1.5 % | 0.2 % | -3.5 % |
Gearing | -4392.1 % | -2698.5 % | -6234.4 % | 63516.9 % | -2771.2 % |
Relative net indebtedness % | 926.0 % | 1345.1 % | 1270.9 % | 1389.9 % | 1155.3 % |
Liquidity | |||||
Quick ratio | 0.9 | 0.6 | 0.5 | 0.4 | 0.6 |
Current ratio | 0.9 | 0.6 | 0.5 | 0.4 | 0.6 |
Cash and cash equivalents | 6 467.22 | 3 297.52 | 3 179.04 | 3 025.54 | 4 025.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -6.8 % | -35.1 % | -67.5 % | -81.2 % | -53.6 % |
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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