MIDTFYNS EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 31274559
Kaholehaven 1, Bolteskov 5750 Ringe
mortenvaldemarc@gmail.com

Company information

Official name
MIDTFYNS EJENDOMME ApS
Established
2008
Domicile
Bolteskov
Company form
Private limited company
Industry

About MIDTFYNS EJENDOMME ApS

MIDTFYNS EJENDOMME ApS (CVR number: 31274559) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 633.8 kDKK in 2023. The operating profit was 551.8 kDKK, while net earnings were 379.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good but Return on Equity (ROE) was 51.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MIDTFYNS EJENDOMME ApS's liquidity measured by quick ratio was 0.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit238.44281.72303.69383.00633.76
EBIT120.44381.72274.90333.00551.81
Net earnings-48.34245.97112.21152.00379.94
Shareholders equity total41.21287.19399.40551.00931.38
Balance sheet total (assets)3 569.123 641.024 605.444 510.005 657.18
Net debt3 165.802 925.783 978.603 742.002 203.94
Profitability
EBIT-%
ROA3.1 %10.6 %6.7 %7.3 %10.9 %
ROE-73.9 %149.8 %32.7 %32.0 %51.3 %
ROI3.2 %11.0 %6.9 %7.6 %11.2 %
Economic value added (EVA)32.62279.91150.45177.11453.82
Solvency
Equity ratio1.2 %7.9 %8.7 %12.2 %16.5 %
Gearing8219.4 %1113.9 %1008.4 %680.9 %487.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.00.00.5
Current ratio0.20.10.00.00.5
Cash and cash equivalents221.72273.1548.9410.002 337.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:10.9%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.5%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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