MIDT-WEST HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29936374
Midtgårdsvej 3, 6920 Videbæk
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Credit rating

Company information

Official name
MIDT-WEST HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About MIDT-WEST HOLDING ApS

MIDT-WEST HOLDING ApS (CVR number: 29936374) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -2.7 kDKK in 2024. The operating profit was -2.7 kDKK, while net earnings were -188.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.1 %, which can be considered poor and Return on Equity (ROE) was -10.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIDT-WEST HOLDING ApS's liquidity measured by quick ratio was 40.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-2.50-24.69-2.50-2.69-2.69
EBIT-2.50-24.69-2.50-2.69-2.69
Net earnings191.08317.3516.54275.99- 188.75
Shareholders equity total1 223.551 540.911 557.441 833.431 644.68
Balance sheet total (assets)1 438.031 628.591 588.641 875.581 685.72
Net debt162.37- 356.185.55- 182.1316.54
Profitability
EBIT-%
ROA14.3 %20.5 %1.7 %16.4 %-10.1 %
ROE16.9 %23.0 %1.1 %16.3 %-10.9 %
ROI14.9 %21.4 %1.8 %16.5 %-10.2 %
Economic value added (EVA)-15.60-28.84-36.48-79.48-71.47
Solvency
Equity ratio85.1 %94.6 %98.0 %97.8 %97.6 %
Gearing13.4 %0.3 %1.4 %1.2 %1.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.914.150.938.640.4
Current ratio2.914.150.938.640.4
Cash and cash equivalents1.48361.0016.67204.350.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBB

Variable visualization

ROA:-10.1%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.6%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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