Opbevaring Middelfart ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Opbevaring Middelfart ApS
Opbevaring Middelfart ApS (CVR number: 40451919) is a company from ODENSE. The company reported a net sales of 1.1 mDKK in 2020, demonstrating a growth of 4.4 % compared to the previous year. The operating profit percentage was at 15.5 % (EBIT: 0.2 mDKK), while net earnings were 135.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 82.3 %, which can be considered excellent and Return on Equity (ROE) was 103.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Opbevaring Middelfart ApS's liquidity measured by quick ratio was 5.5 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 | |
|---|---|---|
| Volume | ||
| Net sales | 1 075.13 | 1 122.82 |
| Gross profit | 64.85 | 763.23 |
| EBIT | 64.85 | 174.36 |
| Net earnings | 50.58 | 135.86 |
| Shareholders equity total | 90.58 | 171.14 |
| Balance sheet total (assets) | 167.85 | 255.90 |
| Net debt | - 167.85 | - 255.90 |
| Profitability | ||
| EBIT-% | 6.0 % | 15.5 % |
| ROA | 38.6 % | 82.3 % |
| ROE | 55.8 % | 103.8 % |
| ROI | 71.6 % | 133.2 % |
| Economic value added (EVA) | 50.58 | 139.74 |
| Solvency | ||
| Equity ratio | 54.0 % | 66.9 % |
| Gearing | ||
| Relative net indebtedness % | -8.4 % | -15.2 % |
| Liquidity | ||
| Quick ratio | 2.7 | 5.5 |
| Current ratio | 2.7 | 5.5 |
| Cash and cash equivalents | 167.85 | 255.90 |
| Capital use efficiency | ||
| Trade debtors turnover (days) | ||
| Net working capital % | 9.8 % | 18.7 % |
| Credit risk | ||
| Credit rating | B | BB |
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