Middleby Denmark Holding ApS — Credit Rating and Financial Key Figures

CVR number: 39130181
Gugvej 152 C, 9210 Aalborg SØ
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Company information

Official name
Middleby Denmark Holding ApS
Established
2017
Company form
Private limited company
Industry

About Middleby Denmark Holding ApS

Middleby Denmark Holding ApS (CVR number: 39130181) is a company from AALBORG. The company recorded a gross profit of -129.3 kDKK in 2024. The operating profit was -129.3 kDKK, while net earnings were 16.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 10.8 %, 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. Middleby Denmark Holding ApS's liquidity measured by quick ratio was 0.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 164.74- 174.14- 226.06- 188.93- 129.25
EBIT- 164.74- 174.14- 226.06- 188.93- 129.25
Net earnings18 122.0011 997.386 362.044 011.2516 601.35
Shareholders equity total123 649.30135 646.68142 008.73146 019.98162 621.33
Balance sheet total (assets)317 351.23344 448.64403 374.80421 114.71437 160.60
Net debt193 546.41207 821.47261 191.62273 982.68273 972.29
Profitability
EBIT-%
ROA6.1 %4.0 %2.8 %3.6 %6.7 %
ROE15.8 %9.3 %4.6 %2.8 %10.8 %
ROI6.1 %4.0 %2.8 %3.6 %6.7 %
Economic value added (EVA)-16 298.27-16 077.68-17 480.85-20 408.29-21 256.06
Solvency
Equity ratio39.0 %39.4 %35.2 %34.7 %37.2 %
Gearing156.6 %153.9 %183.9 %188.3 %168.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.50.60.6
Current ratio0.40.50.60.6
Cash and cash equivalents55.00900.482.17997.22453.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:6.69%
Rating: 48/100
-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

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