MIDT-WEST HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 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 earnings | 191.08 | 317.35 | 16.54 | 275.99 | - 188.75 |
Shareholders equity total | 1 223.55 | 1 540.91 | 1 557.44 | 1 833.43 | 1 644.68 |
Balance sheet total (assets) | 1 438.03 | 1 628.59 | 1 588.64 | 1 875.58 | 1 685.72 |
Net debt | 162.37 | - 356.18 | 5.55 | - 182.13 | 16.54 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.3 % | 20.5 % | 1.7 % | 16.4 % | -10.1 % |
ROE | 16.9 % | 23.0 % | 1.1 % | 16.3 % | -10.9 % |
ROI | 14.9 % | 21.4 % | 1.8 % | 16.5 % | -10.2 % |
Economic value added (EVA) | -15.60 | -28.84 | -36.48 | -79.48 | -71.47 |
Solvency | |||||
Equity ratio | 85.1 % | 94.6 % | 98.0 % | 97.8 % | 97.6 % |
Gearing | 13.4 % | 0.3 % | 1.4 % | 1.2 % | 1.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.9 | 14.1 | 50.9 | 38.6 | 40.4 |
Current ratio | 2.9 | 14.1 | 50.9 | 38.6 | 40.4 |
Cash and cash equivalents | 1.48 | 361.00 | 16.67 | 204.35 | 0.69 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BB | BBB | BBB |
Variable visualization
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