Midtby Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 38138588
Strandvejen 4, 9000 Aalborg
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Company information

Official name
Midtby Ejendomme ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About Midtby Ejendomme ApS

Midtby Ejendomme ApS (CVR number: 38138588) is a company from AALBORG. The company recorded a gross profit of 3536.8 kDKK in 2024. The operating profit was 5619.7 kDKK, while net earnings were 2908.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good and Return on Equity (ROE) was 10.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 37.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Midtby Ejendomme ApS's liquidity measured by quick ratio was 3.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 327.003 315.003 984.003 655.003 536.84
EBIT8 013.008 040.002 699.003 919.005 619.74
Net earnings6 071.006 104.001 950.001 889.002 908.17
Shareholders equity total26 963.0033 068.0035 018.0026 207.0029 115.26
Balance sheet total (assets)56 877.0066 476.0065 937.0068 944.0078 182.96
Net debt25 039.0027 514.0024 514.0035 573.0040 329.18
Profitability
EBIT-%
ROA15.0 %13.2 %4.4 %6.3 %8.0 %
ROE25.4 %20.3 %5.7 %6.2 %10.5 %
ROI15.4 %13.5 %4.5 %6.4 %8.2 %
Economic value added (EVA)3 777.303 497.46-1 156.37- 150.39991.05
Solvency
Equity ratio47.4 %49.7 %53.1 %38.0 %37.2 %
Gearing92.9 %83.2 %70.8 %141.4 %147.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.71.03.8
Current ratio0.50.50.71.03.8
Cash and cash equivalents268.001 494.002 491.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.01%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.2%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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