Midtfyns Kloakservice ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Midtfyns Kloakservice ApS
Midtfyns Kloakservice ApS (CVR number: 29402779) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of -7.8 kDKK in 2018. The operating profit was -246.5 kDKK, while net earnings were -211.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -31.3 %, which can be considered poor and Return on Equity (ROE) was -71.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -21.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Midtfyns Kloakservice 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 1 140.81 | 673.50 | -7.82 |
EBIT | 112.28 | - 174.72 | - 246.53 |
Net earnings | 83.16 | - 155.41 | - 211.82 |
Shareholders equity total | 225.12 | 69.70 | - 142.11 |
Balance sheet total (assets) | 539.63 | 908.11 | 522.58 |
Net debt | -4.68 | - 530.56 | - 343.78 |
Profitability | |||
EBIT-% | |||
ROA | 20.9 % | -24.1 % | -31.3 % |
ROE | 36.9 % | -105.4 % | -71.5 % |
ROI | 50.0 % | -118.5 % | -707.3 % |
Economic value added (EVA) | 87.59 | - 147.36 | - 169.24 |
Solvency | |||
Equity ratio | 41.7 % | 7.7 % | -21.4 % |
Gearing | |||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.3 | 1.0 | 0.7 |
Current ratio | 1.4 | 1.0 | 0.7 |
Cash and cash equivalents | 4.68 | 530.56 | 343.78 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | BB | B |
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