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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
Free credit report Annual report

Income statement (kDKK)

2021
2022
2023
2024
2025
Fiscal period length1212121212
Net sales
Gross profit16 578.6117 242.4016 082.9719 890.8517 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
EBIT2 906.223 233.854 577.542 197.23480.16
Other financial income1.083.8544.80126.73165.73
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.)341.87672.05- 843.34-98.10
Pre-tax profit3 063.673 675.313 515.361 675.16251.82
Income taxes- 609.01- 664.43-1 060.29- 401.79-55.80
Net earnings2 454.663 010.882 455.081 273.37196.02

Assets (kDKK)

2021
2022
2023
2024
2025
Goodwill29.7527.5024.5021.50
Intangible assets total29.7527.5024.5021.50
Land and waters1 345.341 381.49
Machinery and equipment1 322.152 026.392 062.272 668.271 852.20
Tangible assets total2 667.503 407.882 062.272 668.271 852.20
Holdings in group member companies618.71520.61
Participating interests592.741 007.29
Investments total592.741 007.29618.71610.6190.00
Non-current loans receivable188.00178.00260.50195.00205.00
Long term receivables total188.00178.00260.50195.00205.00
Raw materials and consumables1 464.49
Finished products/goods661.022 125.732 025.562 570.092 732.31
Inventories total2 125.502 125.732 025.562 570.092 732.31
Current trade debtors7 501.013 419.154 935.222 461.234 234.07
Current amounts owed by group member comp.980.414 138.88
Prepayments and accrued income109.39148.04210.21145.61273.74
Current other receivables2 999.144 628.582 735.012 549.392 596.31
Short term receivables total10 609.548 195.787 880.446 136.6511 243.00
Cash and bank deposits1 123.817 353.075 957.026 240.19313.64
Cash and cash equivalents1 123.817 353.075 957.026 240.19313.64
Balance sheet total (assets)17 307.0922 297.5018 831.9918 445.3116 457.65

Equity and liabilities (kDKK)

2021
2022
2023
2024
2025
Share capital1 000.001 000.001 000.001 000.001 000.00
Shares repurchased1 600.00189.121 500.001 400.00
Other reserves167.68
Retained earnings-1 102.66995.212 762.893 717.973 591.34
Profit of the financial year2 454.663 010.882 455.081 273.37196.02
Shareholders equity total3 952.015 362.896 217.977 491.346 187.36
Provisions535.54925.49336.97290.20346.00
Non-current loans from credit institutions962.02901.45
Non-current leasing loans877.03940.95928.251 555.35857.39
Non-current other liabilities1 027.89971.46
Non-current deferred tax liabilities1 005.461 036.631 074.98
Non-current liabilities total2 866.942 813.851 933.702 591.981 932.37
Current loans from credit institutions347.5161.60660.49661.301 217.89
Advances received377.51128.61
Current trade creditors6 414.759 746.063 222.712 802.634 212.88
Current owed to group member84.672.94346.19667.7423.17
Short-term deferred tax liabilities483.13274.471 648.811 902.20
Other non-interest bearing current liabilities2 622.553 110.194 465.151 660.402 409.38
Current liabilities total9 952.6113 195.2610 343.368 071.797 991.92
Balance sheet total (liabilities)17 307.0922 297.5018 831.9918 445.3116 457.65
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