MIDTSJÆLLANDS BYGGESERVICE A/S
Credit rating
Company information
About MIDTSJÆLLANDS BYGGESERVICE A/S
MIDTSJÆLLANDS BYGGESERVICE A/S (CVR number: 10382947) is a company from RINGSTED. The company reported a net sales of 72.3 mDKK in 2023, demonstrating a decline of -19.7 % compared to the previous year. The operating profit percentage was at 9.9 % (EBIT: 7.1 mDKK), while net earnings were 5593.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.7 %, which can be considered excellent and Return on Equity (ROE) was 53.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MIDTSJÆLLANDS BYGGESERVICE A/S's liquidity measured by quick ratio was 2.3 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 59.48 | 63.66 | 79.76 | 90.05 | 72.32 |
Gross profit | 5.32 | 9.27 | 9.82 | 12.37 | 9.96 |
EBIT | 2.79 | 6.45 | 7.72 | 9.56 | 7.13 |
Net earnings | 2.17 | 4.99 | 5.92 | 7.43 | 5.59 |
Shareholders equity total | 5.89 | 8.78 | 9.71 | 11.24 | 9.83 |
Balance sheet total (assets) | 15.99 | 18.73 | 19.60 | 24.98 | 21.70 |
Net debt | -8.47 | -8.83 | |||
Profitability | |||||
EBIT-% | 4.7 % | 10.1 % | 9.7 % | 10.6 % | 9.9 % |
ROA | 17.2 % | 37.2 % | 40.3 % | 42.9 % | 30.7 % |
ROE | 39.1 % | 68.0 % | 64.0 % | 70.9 % | 53.1 % |
ROI | 25.6 % | 37.2 % | 40.3 % | 60.0 % | 63.7 % |
Economic value added (EVA) | 2.57 | 6.16 | 7.27 | 6.96 | 5.43 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 46.9 % | 47.1 % |
Gearing | |||||
Relative net indebtedness % | 4.7 % | 3.6 % | |||
Liquidity | |||||
Quick ratio | 2.3 | 2.3 | |||
Current ratio | 2.1 | 2.1 | |||
Cash and cash equivalents | 8.47 | 8.83 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 57.1 | 54.8 | |||
Net working capital % | 14.3 % | 15.3 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
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