EJENDOMSSELSKABET AF 17 AUGUST 1990. MIDDELFART ApS — Credit Rating and Financial Key Figures

CVR number: 14456937
Værkstedsvej 17, Skrillinge 5500 Middelfart
tel: 64417904

Credit rating

Company information

Official name
EJENDOMSSELSKABET AF 17 AUGUST 1990. MIDDELFART ApS
Established
1990
Domicile
Skrillinge
Company form
Private limited company
Industry

About EJENDOMSSELSKABET AF 17 AUGUST 1990. MIDDELFART ApS

EJENDOMSSELSKABET AF 17 AUGUST 1990. MIDDELFART ApS (CVR number: 14456937) is a company from MIDDELFART. The company recorded a gross profit of 319.3 kDKK in 2024. The operating profit was -46.8 kDKK, while net earnings were -138.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.6 %, 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. EJENDOMSSELSKABET AF 17 AUGUST 1990. MIDDELFART ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit498.96282.21364.59502.70319.27
EBIT271.0044.1677.18205.19-46.82
Net earnings84.49-62.67-49.57109.29- 138.55
Shareholders equity total1 257.091 194.421 144.854 048.573 910.02
Balance sheet total (assets)7 581.648 048.337 811.2211 260.6511 299.05
Net debt2 380.282 070.032 031.321 616.661 561.31
Profitability
EBIT-%
ROA3.5 %0.6 %1.0 %2.2 %-0.4 %
ROE7.0 %-5.1 %-4.2 %4.2 %-3.5 %
ROI6.5 %1.1 %1.3 %2.8 %-0.7 %
Economic value added (EVA)-10.07- 173.59- 112.68-37.26- 385.18
Solvency
Equity ratio16.6 %14.9 %14.7 %36.0 %34.6 %
Gearing189.3 %173.3 %177.4 %39.9 %45.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.20.70.3
Current ratio0.00.10.20.70.3
Cash and cash equivalents0.010.01231.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.41%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.6%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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