DDN MIDDELFART ApS — Credit Rating and Financial Key Figures

CVR number: 32789943
Værkstedsvej 17, Skrillinge 5500 Middelfart

Company information

Official name
DDN MIDDELFART ApS
Personnel
13 persons
Established
2010
Domicile
Skrillinge
Company form
Private limited company
Industry

About DDN MIDDELFART ApS

DDN MIDDELFART ApS (CVR number: 32789943) is a company from MIDDELFART. The company recorded a gross profit of 4917.3 kDKK in 2023. The operating profit was -308.1 kDKK, while net earnings were -284.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor and Return on Equity (ROE) was -7.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DDN MIDDELFART ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit4 671.384 176.704 968.266 907.804 917.32
EBIT433.34293.2724.201 081.12- 308.09
Net earnings287.78283.91-82.56690.69- 284.43
Shareholders equity total1 812.812 096.722 014.162 704.855 214.86
Balance sheet total (assets)6 589.247 955.228 464.1310 170.1412 960.51
Net debt2 307.132 932.582 667.744 364.904 516.01
Profitability
EBIT-%
ROA7.3 %5.4 %-0.4 %11.1 %-1.7 %
ROE17.2 %14.5 %-4.0 %29.3 %-7.2 %
ROI12.2 %8.1 %-0.6 %16.0 %-2.1 %
Economic value added (EVA)396.76259.0642.12861.33- 238.26
Solvency
Equity ratio27.8 %26.4 %23.8 %56.1 %63.4 %
Gearing127.5 %141.6 %133.5 %178.8 %90.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.61.10.81.51.3
Current ratio1.12.21.73.83.1
Cash and cash equivalents4.4536.0020.48471.02205.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:-1.66%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.4%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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