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

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

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 502.7 kDKK in 2023. The operating profit was 205.2 kDKK, while net earnings were 109.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak but Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 36 %, 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 0.7 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 profit439.48498.96282.21364.59502.70
EBIT217.59271.0044.1677.18205.19
Net earnings15.7484.49-62.67-49.57109.29
Shareholders equity total1 172.601 257.091 194.421 144.854 048.57
Balance sheet total (assets)7 760.317 581.648 048.337 811.2211 260.65
Net debt2 600.312 380.282 070.032 031.321 616.66
Profitability
EBIT-%
ROA2.8 %3.5 %0.6 %1.0 %2.2 %
ROE1.4 %7.0 %-5.1 %-4.2 %4.2 %
ROI5.1 %6.5 %1.1 %1.3 %2.2 %
Economic value added (EVA)-25.0735.22- 124.81-77.287.39
Solvency
Equity ratio15.1 %16.6 %14.9 %14.7 %36.0 %
Gearing221.8 %189.3 %173.3 %177.4 %39.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.10.20.7
Current ratio0.00.00.10.20.7
Cash and cash equivalents0.010.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:2.15%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.0%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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