A/S af 18. Februar 2000, Middelfart — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 88.69 | - 219.05 | - 177.34 | - 262.74 | - 269.77 |
EBIT | - 103.31 | - 411.05 | - 369.34 | - 400.86 | - 461.77 |
Net earnings | 384.35 | -1 255.83 | 475.38 | -73.83 | 499.14 |
Shareholders equity total | 10 059.32 | 7 553.49 | 6 778.88 | 5 455.04 | 4 704.18 |
Balance sheet total (assets) | 10 245.69 | 7 795.17 | 7 075.03 | 5 603.75 | 4 953.62 |
Net debt | -10 114.99 | -7 559.35 | -6 851.40 | -5 453.85 | -4 794.85 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.7 % | -0.6 % | 6.5 % | -1.1 % | 9.6 % |
ROE | 3.7 % | -14.3 % | 6.6 % | -1.2 % | 9.8 % |
ROI | 3.7 % | -0.6 % | 6.6 % | -1.1 % | 9.8 % |
Economic value added (EVA) | -97.55 | - 405.07 | - 365.44 | - 391.11 | - 455.90 |
Solvency | |||||
Equity ratio | 98.2 % | 96.9 % | 95.8 % | 97.3 % | 95.0 % |
Gearing | 0.6 % | 1.4 % | 1.7 % | 2.2 % | 2.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 55.0 | 32.3 | 23.9 | 37.7 | 19.9 |
Current ratio | 55.0 | 32.3 | 23.9 | 37.7 | 19.9 |
Cash and cash equivalents | 10 178.38 | 7 668.15 | 6 964.98 | 5 571.98 | 4 917.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BB |
Variable visualization
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