Midtby Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Midtby Holding ApS
Midtby Holding ApS (CVR number: 38799940) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -10.2 kDKK in 2023. The operating profit was -10.2 kDKK, while net earnings were -10.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.4 %, which can be considered poor and Return on Equity (ROE) was -11.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Midtby Holding ApS's liquidity measured by quick ratio was 2.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -12.51 | -6.54 | -6.67 | -7.16 | -10.18 |
EBIT | -12.51 | -6.54 | -6.67 | -7.16 | -10.18 |
Net earnings | 239.16 | -6.54 | -6.70 | -7.17 | -10.23 |
Shareholders equity total | 116.81 | 110.27 | 103.57 | 96.40 | 86.17 |
Balance sheet total (assets) | 171.81 | 165.26 | 158.57 | 159.40 | 160.17 |
Net debt | -8.88 | -7.13 | -0.43 | -1.26 | -2.03 |
Profitability | |||||
EBIT-% | |||||
ROA | -8.9 % | -3.9 % | -4.1 % | -4.5 % | -6.4 % |
ROE | 269.5 % | -5.8 % | -6.3 % | -7.2 % | -11.2 % |
ROI | 195.4 % | -5.8 % | -6.2 % | -7.2 % | -11.2 % |
Economic value added (EVA) | -3.31 | -11.97 | -11.85 | -12.34 | -14.97 |
Solvency | |||||
Equity ratio | 68.0 % | 66.7 % | 65.3 % | 60.5 % | 53.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.1 | 3.0 | 2.9 | 2.5 | 2.2 |
Current ratio | 3.1 | 3.0 | 2.9 | 2.5 | 2.2 |
Cash and cash equivalents | 8.88 | 7.13 | 0.43 | 1.26 | 2.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | BB | B |
Variable visualization
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