MIDEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32056822
Grimstrupvej 26, 3310 Ølsted
Free credit report Annual report

Company information

Official name
MIDEN HOLDING ApS
Established
2009
Company form
Private limited company
Industry

About MIDEN HOLDING ApS

MIDEN HOLDING ApS (CVR number: 32056822) is a company from HALSNÆS. The company recorded a gross profit of -5.9 kDKK in 2024. The operating profit was -5.9 kDKK, while net earnings were 650.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.7 %, which can be considered excellent and Return on Equity (ROE) was 26.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIDEN HOLDING ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit-3.00-3.45-6.50-6.70-5.90
EBIT-3.00-3.45-6.50-6.70-5.90
Net earnings164.00351.0314.64766.60650.57
Shareholders equity total1 399.001 637.141 537.382 201.632 730.20
Balance sheet total (assets)1 558.001 913.671 900.042 552.613 184.08
Net debt- 236.00-20.41-26.89-39.1654.97
Profitability
EBIT-%
ROA11.7 %20.7 %1.3 %36.1 %23.7 %
ROE11.9 %23.1 %0.9 %41.0 %26.4 %
ROI12.5 %22.1 %1.3 %36.1 %23.8 %
Economic value added (EVA)-70.64-73.75-98.12- 103.47- 132.23
Solvency
Equity ratio89.8 %85.5 %80.9 %86.3 %85.7 %
Gearing13.1 %23.4 %15.7 %16.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.91.71.11.30.9
Current ratio2.91.71.11.30.9
Cash and cash equivalents236.00235.02386.05385.65383.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:23.7%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.7%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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