Middleby Denmark Holding ApS — Credit Rating and Financial Key Figures

CVR number: 39130181
Gugvej 152 C, 9210 Aalborg SØ

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 -188.9 kDKK in 2023. The operating profit was -188.9 kDKK, while net earnings were 4011.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 34.7 %, 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-99.38- 164.74- 174.14- 226.06- 188.93
EBIT-99.38- 164.74- 174.14- 226.06- 188.93
Net earnings29 394.0718 122.0011 997.386 362.044 011.25
Shareholders equity total105 527.30123 649.30135 646.68142 008.73146 019.98
Balance sheet total (assets)321 851.50317 351.23344 448.64403 374.80421 114.71
Net debt216 212.98193 546.41207 821.47261 191.62273 982.68
Profitability
EBIT-%
ROA10.7 %6.1 %4.0 %2.8 %3.6 %
ROE32.4 %15.8 %9.3 %4.6 %2.8 %
ROI10.7 %6.1 %4.0 %2.8 %3.6 %
Economic value added (EVA)9 963.987 780.176 862.656 261.775 925.89
Solvency
Equity ratio32.8 %39.0 %39.4 %35.2 %34.7 %
Gearing204.9 %156.6 %153.9 %183.9 %188.3 %
Relative net indebtedness %
Liquidity
Quick ratio907.40.40.50.6
Current ratio907.40.40.50.6
Cash and cash equivalents46.2255.00900.482.17997.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:3.63%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.7%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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