A/S af 18. Februar 2000, Middelfart — Credit Rating and Financial Key Figures

CVR number: 20005645
Adelgade 7, 8660 Skanderborg
s.gottfred.p@mail.dk
tel: 20828660

Company information

Official name
A/S af 18. Februar 2000, Middelfart
Personnel
2 persons
Established
1997
Company form
Limited company
Industry

About A/S af 18. Februar 2000, Middelfart

A/S af 18. Februar 2000, Middelfart (CVR number: 20005645) is a company from SKANDERBORG. The company recorded a gross profit of -269.8 kDKK in 2021. The operating profit was -461.8 kDKK, while net earnings were 499.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good and Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. A/S af 18. Februar 2000, Middelfart's liquidity measured by quick ratio was 19.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit88.69- 219.05- 177.34- 262.74- 269.77
EBIT- 103.31- 411.05- 369.34- 400.86- 461.77
Net earnings384.35-1 255.83475.38-73.83499.14
Shareholders equity total10 059.327 553.496 778.885 455.044 704.18
Balance sheet total (assets)10 245.697 795.177 075.035 603.754 953.62
Net debt-10 114.99-7 559.35-6 851.40-5 453.85-4 794.85
Profitability
EBIT-%
ROA3.7 %-0.6 %6.5 %-1.1 %9.6 %
ROE3.7 %-14.3 %6.6 %-1.2 %9.8 %
ROI3.7 %-0.6 %6.6 %-1.1 %9.8 %
Economic value added (EVA)-97.55- 405.07- 365.44- 391.11- 455.90
Solvency
Equity ratio98.2 %96.9 %95.8 %97.3 %95.0 %
Gearing0.6 %1.4 %1.7 %2.2 %2.6 %
Relative net indebtedness %
Liquidity
Quick ratio55.032.323.937.719.9
Current ratio55.032.323.937.719.9
Cash and cash equivalents10 178.387 668.156 964.985 571.984 917.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:9.62%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.0%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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