Midtjysk Belægning ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Midtjysk Belægning ApS
Midtjysk Belægning ApS (CVR number: 42527947) is a company from HORSENS. The company recorded a gross profit of 1147 kDKK in 2024. The operating profit was -174 kDKK, while net earnings were -155.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.2 %, which can be considered poor and Return on Equity (ROE) was -26.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Midtjysk Belægning 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 financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 2 128.39 | 1 698.67 | 1 147.04 |
EBIT | 10.31 | 181.17 | - 174.03 |
Net earnings | -14.04 | 106.95 | - 155.78 |
Shareholders equity total | 25.96 | 132.91 | -22.87 |
Balance sheet total (assets) | 722.81 | 1 090.12 | 1 035.15 |
Net debt | 477.76 | 141.52 | 618.35 |
Profitability | |||
EBIT-% | |||
ROA | 1.4 % | 20.0 % | -16.2 % |
ROE | -54.1 % | 134.6 % | -26.7 % |
ROI | 2.0 % | 30.7 % | -25.2 % |
Economic value added (EVA) | 8.06 | 114.70 | - 169.50 |
Solvency | |||
Equity ratio | 3.6 % | 12.2 % | -2.2 % |
Gearing | 1878.7 % | 387.3 % | -3121.6 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.3 | 0.9 | 0.7 |
Current ratio | 0.3 | 0.9 | 0.7 |
Cash and cash equivalents | 10.05 | 373.29 | 95.66 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BB |
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