MIDEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32056822
Grimstrupvej 26, 3310 Ølsted

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 -6.7 kDKK in 2023. The operating profit was -6.7 kDKK, while net earnings were 782.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.1 %, which can be considered excellent and Return on Equity (ROE) was 41.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 86.3 %, 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 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit-3.00-3.00-3.45-6.50-6.70
EBIT-3.00-3.00-3.45-6.50-6.70
Net earnings383.00164.00351.0314.64782.05
Shareholders equity total1 346.001 399.001 637.141 537.382 201.63
Balance sheet total (assets)1 391.001 558.001 913.671 900.042 552.61
Net debt- 136.00- 236.00-20.41-26.89-38.37
Profitability
EBIT-%
ROA30.6 %11.7 %20.7 %1.3 %36.1 %
ROE31.7 %11.9 %23.1 %0.9 %41.8 %
ROI31.9 %12.5 %22.1 %1.3 %36.1 %
Economic value added (EVA)-5.2623.5842.1864.2877.86
Solvency
Equity ratio96.8 %89.8 %85.5 %80.9 %86.3 %
Gearing13.1 %23.4 %15.8 %
Relative net indebtedness %
Liquidity
Quick ratio10.22.91.71.11.3
Current ratio10.22.91.71.11.3
Cash and cash equivalents136.00236.00235.02386.05385.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBBA

Variable visualization

ROA:36.1%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.3%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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