JN MIDDELFART HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35140166
Gl Strandvej 27, Strib 5500 Middelfart

Company information

Official name
JN MIDDELFART HOLDING ApS
Established
2013
Domicile
Strib
Company form
Private limited company
Industry

About JN MIDDELFART HOLDING ApS

JN MIDDELFART HOLDING ApS (CVR number: 35140166K) is a company from MIDDELFART. The company recorded a gross profit of 15.5 mDKK in 2024. The operating profit was 8378.9 kDKK, while net earnings were 2734.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 23.1 %, 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. JN MIDDELFART HOLDING ApS's liquidity measured by quick ratio was 0.2 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 profit4 570.675 334.707 477.3027 103.0715 475.12
EBIT2 834.033 444.885 567.9923 265.198 378.92
Net earnings2 710.552 174.854 186.0716 869.272 734.54
Shareholders equity total18 245.7120 307.5624 379.2343 426.0843 649.07
Balance sheet total (assets)49 884.4045 462.81114 361.31172 477.25190 257.14
Net debt10 604.999 893.6815 742.4543 730.28105 750.00
Profitability
EBIT-%
ROA5.5 %7.9 %7.8 %16.4 %4.9 %
ROE16.0 %11.3 %18.9 %68.8 %10.8 %
ROI13.5 %12.0 %16.7 %33.9 %6.9 %
Economic value added (EVA)1 406.961 551.363 106.9316 963.204 214.59
Solvency
Equity ratio37.0 %45.7 %27.0 %31.0 %23.1 %
Gearing60.3 %52.0 %69.7 %117.7 %262.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.70.20.60.2
Current ratio1.62.31.21.31.6
Cash and cash equivalents394.76659.361 258.667 401.758 592.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBAAA

Variable visualization

ROA:4.85%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.1%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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