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Midtjysk Pladebearbejdning ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Midtjysk Pladebearbejdning ApS
Midtjysk Pladebearbejdning ApS (CVR number: 37309273) is a company from HERNING. The company recorded a gross profit of 6396.2 kDKK in 2025. The operating profit was -8.9 kDKK, while net earnings were -501.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -13.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Midtjysk Pladebearbejdning 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 5 594.26 | 5 369.13 | 5 749.75 | 6 677.37 | 6 396.18 |
| EBIT | 632.84 | 767.11 | 617.07 | 1 544.32 | -8.87 |
| Net earnings | 412.93 | 492.43 | 287.59 | 1 047.80 | - 501.47 |
| Shareholders equity total | 2 544.03 | 3 036.46 | 2 824.06 | 3 871.86 | 3 370.38 |
| Balance sheet total (assets) | 10 368.37 | 11 993.02 | 12 893.77 | 11 556.11 | 14 885.14 |
| Net debt | 2 433.70 | 3 606.35 | 2 217.17 | 2 060.54 | 2 742.07 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 6.0 % | 6.9 % | 5.0 % | 12.6 % | -0.1 % |
| ROE | 17.7 % | 17.6 % | 9.8 % | 31.3 % | -13.8 % |
| ROI | 8.3 % | 9.1 % | 7.2 % | 18.9 % | -0.1 % |
| Economic value added (EVA) | 87.16 | 232.33 | -3.58 | 899.17 | - 452.50 |
| Solvency | |||||
| Equity ratio | 24.5 % | 25.3 % | 21.9 % | 33.5 % | 22.6 % |
| Gearing | 95.7 % | 118.8 % | 78.5 % | 53.2 % | 81.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.7 | 0.7 | 0.6 | 0.5 | 0.7 |
| Current ratio | 1.2 | 1.3 | 1.0 | 1.1 | 1.0 |
| Cash and cash equivalents | |||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BB | BBB | BB |
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