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MIDT GRUPPEN ApS

CVR number: 29622310
Søndersøvej 57 A, 8800 Viborg

Credit rating

Company information

Official name
MIDT GRUPPEN ApS
Established
2006
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About the company

MIDT GRUPPEN ApS (CVR number: 29622310) is a company from VIBORG. The company recorded a gross profit of -7.6 kDKK in 2022. The operating profit was -7.6 kDKK, while net earnings were 115.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 45.7 %, 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. MIDT GRUPPEN ApS's liquidity measured by quick ratio was 0.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit79.00-16.00-10.58-5.70-7.60
EBIT79.00-16.00-10.58-5.70-7.60
Net earnings98.00-24.0072.6486.68115.73
Shareholders equity total826.00802.00874.78961.45982.52
Balance sheet total (assets)1 968.001 981.002 040.112 126.702 147.76
Net debt843.00838.00843.16- 302.04- 293.82
Profitability
EBIT-%
ROA7.0 %-0.4 %3.6 %4.2 %5.9 %
ROE12.6 %-2.9 %8.7 %9.4 %11.9 %
ROI7.0 %-0.4 %3.6 %5.9 %13.0 %
Economic value added (EVA)114.9440.1747.4854.3153.26
Solvency
Equity ratio42.0 %40.5 %42.9 %45.2 %45.7 %
Gearing138.3 %145.3 %133.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.60.60.60.6
Current ratio0.60.60.60.60.6
Cash and cash equivalents299.00327.00322.08302.04293.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:5.92%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Equity ratio:45.7%
Rating: 37/100
-1%
21%
50%
81%
99%
100%

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