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MIDTFJORD EL A/S — Credit Rating and Financial Key Figures
CVR number: 78872217
Limfjordsvej 10, 9670 Løgstør
info@midtfjordel.dk
tel: 98671933
Income statement (kDKK)
2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Fiscal period length | 12 | 12 | 12 | 12 | 12 |
| Net sales | |||||
| Gross profit | 16 578.61 | 17 242.40 | 16 082.97 | 19 890.85 | 17 648.67 |
| Employee benefit expenses | -13 088.53 | -13 441.21 | -10 931.17 | -17 016.88 | -16 467.71 |
| Total depreciation | - 583.86 | - 567.34 | - 574.25 | - 676.73 | - 700.80 |
| EBIT | 2 906.22 | 3 233.85 | 4 577.54 | 2 197.23 | 480.16 |
| Other financial income | 1.08 | 3.85 | 44.80 | 126.73 | 165.73 |
| Other financial expenses | - 172.99 | - 224.44 | - 263.64 | - 550.70 | - 394.07 |
| Income from other inv. held as non-curr. assets | -12.50 | -10.00 | |||
| Net income from associates (fin.) | 341.87 | 672.05 | - 843.34 | -98.10 | |
| Pre-tax profit | 3 063.67 | 3 675.31 | 3 515.36 | 1 675.16 | 251.82 |
| Income taxes | - 609.01 | - 664.43 | -1 060.29 | - 401.79 | -55.80 |
| Net earnings | 2 454.66 | 3 010.88 | 2 455.08 | 1 273.37 | 196.02 |
Assets (kDKK)
2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Goodwill | 29.75 | 27.50 | 24.50 | 21.50 | |
| Intangible assets total | 29.75 | 27.50 | 24.50 | 21.50 | |
| Land and waters | 1 345.34 | 1 381.49 | |||
| Machinery and equipment | 1 322.15 | 2 026.39 | 2 062.27 | 2 668.27 | 1 852.20 |
| Tangible assets total | 2 667.50 | 3 407.88 | 2 062.27 | 2 668.27 | 1 852.20 |
| Holdings in group member companies | 618.71 | 520.61 | |||
| Participating interests | 592.74 | 1 007.29 | |||
| Investments total | 592.74 | 1 007.29 | 618.71 | 610.61 | 90.00 |
| Non-current loans receivable | 188.00 | 178.00 | 260.50 | 195.00 | 205.00 |
| Long term receivables total | 188.00 | 178.00 | 260.50 | 195.00 | 205.00 |
| Raw materials and consumables | 1 464.49 | ||||
| Finished products/goods | 661.02 | 2 125.73 | 2 025.56 | 2 570.09 | 2 732.31 |
| Inventories total | 2 125.50 | 2 125.73 | 2 025.56 | 2 570.09 | 2 732.31 |
| Current trade debtors | 7 501.01 | 3 419.15 | 4 935.22 | 2 461.23 | 4 234.07 |
| Current amounts owed by group member comp. | 980.41 | 4 138.88 | |||
| Prepayments and accrued income | 109.39 | 148.04 | 210.21 | 145.61 | 273.74 |
| Current other receivables | 2 999.14 | 4 628.58 | 2 735.01 | 2 549.39 | 2 596.31 |
| Short term receivables total | 10 609.54 | 8 195.78 | 7 880.44 | 6 136.65 | 11 243.00 |
| Cash and bank deposits | 1 123.81 | 7 353.07 | 5 957.02 | 6 240.19 | 313.64 |
| Cash and cash equivalents | 1 123.81 | 7 353.07 | 5 957.02 | 6 240.19 | 313.64 |
| Balance sheet total (assets) | 17 307.09 | 22 297.50 | 18 831.99 | 18 445.31 | 16 457.65 |
Equity and liabilities (kDKK)
2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Share capital | 1 000.00 | 1 000.00 | 1 000.00 | 1 000.00 | 1 000.00 |
| Shares repurchased | 1 600.00 | 189.12 | 1 500.00 | 1 400.00 | |
| Other reserves | 167.68 | ||||
| Retained earnings | -1 102.66 | 995.21 | 2 762.89 | 3 717.97 | 3 591.34 |
| Profit of the financial year | 2 454.66 | 3 010.88 | 2 455.08 | 1 273.37 | 196.02 |
| Shareholders equity total | 3 952.01 | 5 362.89 | 6 217.97 | 7 491.34 | 6 187.36 |
| Provisions | 535.54 | 925.49 | 336.97 | 290.20 | 346.00 |
| Non-current loans from credit institutions | 962.02 | 901.45 | |||
| Non-current leasing loans | 877.03 | 940.95 | 928.25 | 1 555.35 | 857.39 |
| Non-current other liabilities | 1 027.89 | 971.46 | |||
| Non-current deferred tax liabilities | 1 005.46 | 1 036.63 | 1 074.98 | ||
| Non-current liabilities total | 2 866.94 | 2 813.85 | 1 933.70 | 2 591.98 | 1 932.37 |
| Current loans from credit institutions | 347.51 | 61.60 | 660.49 | 661.30 | 1 217.89 |
| Advances received | 377.51 | 128.61 | |||
| Current trade creditors | 6 414.75 | 9 746.06 | 3 222.71 | 2 802.63 | 4 212.88 |
| Current owed to group member | 84.67 | 2.94 | 346.19 | 667.74 | 23.17 |
| Short-term deferred tax liabilities | 483.13 | 274.47 | 1 648.81 | 1 902.20 | |
| Other non-interest bearing current liabilities | 2 622.55 | 3 110.19 | 4 465.15 | 1 660.40 | 2 409.38 |
| Current liabilities total | 9 952.61 | 13 195.26 | 10 343.36 | 8 071.79 | 7 991.92 |
| Balance sheet total (liabilities) | 17 307.09 | 22 297.50 | 18 831.99 | 18 445.31 | 16 457.65 |
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