Midtjysk Brandsikring ApS — Credit Rating and Financial Key Figures

CVR number: 42646571
Drejervej 15, 7451 Sunds
Free credit report Annual report

Credit rating

Company information

Official name
Midtjysk Brandsikring ApS
Personnel
8 persons
Established
2021
Company form
Private limited company
Industry

About Midtjysk Brandsikring ApS

Midtjysk Brandsikring ApS (CVR number: 42646571) is a company from HERNING. The company recorded a gross profit of 6717.3 kDKK in 2024. The operating profit was 1608.1 kDKK, while net earnings were 1249.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.1 %, which can be considered excellent and Return on Equity (ROE) was 102.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.9 %, 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. Midtjysk Brandsikring ApS's liquidity measured by quick ratio was 1.9 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
2022
2023
2024
Volume
Net sales
Gross profit3 472.305 224.546 717.27
EBIT1 106.11419.991 608.11
Net earnings862.28284.721 249.50
Shareholders equity total1 112.54597.261 846.75
Balance sheet total (assets)2 270.912 483.714 203.40
Net debt- 580.26105.78- 809.30
Profitability
EBIT-%
ROA48.7 %17.7 %48.1 %
ROE77.5 %33.3 %102.2 %
ROI97.0 %43.2 %103.8 %
Economic value added (EVA)862.71268.441 213.26
Solvency
Equity ratio49.0 %24.4 %43.9 %
Gearing17.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.21.9
Current ratio2.01.42.2
Cash and cash equivalents580.26809.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:48.1%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.9%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Director

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