Midt-Nords Naturgasselskab Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Midt-Nords Naturgasselskab Holding ApS
Midt-Nords Naturgasselskab Holding ApS (CVR number: 89773628) is a company from ISHØJ. The company recorded a gross profit of -920 kDKK in 2021. The operating profit was -920 kDKK, while net earnings were -9347 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8 %, which can be considered poor and Return on Equity (ROE) was -9.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 85.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Midt-Nords Naturgasselskab Holding ApS's liquidity measured by quick ratio was 400.9 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 financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -34 700.00 | -10 700.00 | -6 100.00 | - 654.00 | - 920.00 |
EBIT | -35 700.00 | -11 500.00 | -6 200.00 | - 654.00 | - 920.00 |
Net earnings | 326 700.00 | -15 900.00 | -43 000.00 | -1 218.00 | -9 347.00 |
Shareholders equity total | 1 161 300.00 | 145 400.00 | 102 409.00 | 101 191.00 | 91 844.00 |
Balance sheet total (assets) | 1 215 500.00 | 253 400.00 | 118 224.00 | 116 873.00 | 107 633.00 |
Net debt | -1 142 700.00 | -38 600.00 | -42 916.00 | -41 918.00 | -40 889.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 33.2 % | -1.9 % | -20.8 % | -0.8 % | -8.0 % |
ROE | 34.8 % | -2.4 % | -34.7 % | -1.2 % | -9.7 % |
ROI | 33.2 % | -1.9 % | -20.9 % | -0.8 % | -8.0 % |
Economic value added (EVA) | -1 096.31 | -8 374.81 | 432.05 | 119.70 | - 157.36 |
Solvency | |||||
Equity ratio | 95.5 % | 57.4 % | 86.6 % | 86.6 % | 85.3 % |
Gearing | 4.3 % | 70.9 % | 15.2 % | 15.5 % | 17.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 34.0 | 1.7 | 276.7 | 1 659.1 | 400.9 |
Current ratio | 34.0 | 1.7 | 276.7 | 1 659.1 | 400.9 |
Cash and cash equivalents | 1 192 900.00 | 141 700.00 | 58 518.00 | 57 565.00 | 56 536.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | BBB |
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