Midtbyg og Udlejning ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Midtbyg og Udlejning ApS
Midtbyg og Udlejning ApS (CVR number: 30616154) is a company from VIBORG. The company recorded a gross profit of 827.3 kDKK in 2023. The operating profit was -279.8 kDKK, while net earnings were -300.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.3 %, which can be considered poor and Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Midtbyg og Udlejning ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 903.27 | 3 843.03 | 1 957.82 | 513.56 | 827.33 |
EBIT | 488.54 | 388.69 | 5 312.88 | - 195.20 | - 279.77 |
Net earnings | 138.41 | 174.48 | 4 044.93 | - 187.59 | - 300.53 |
Shareholders equity total | 5 264.10 | 5 438.58 | 9 483.51 | 8 795.92 | 8 495.39 |
Balance sheet total (assets) | 18 367.76 | 17 351.90 | 15 964.35 | 12 489.73 | 11 151.70 |
Net debt | 11 333.63 | 9 251.73 | 451.21 | 1 509.36 | 2 060.25 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.6 % | 2.4 % | 32.0 % | -1.3 % | -2.3 % |
ROE | 2.7 % | 3.3 % | 54.2 % | -2.1 % | -3.5 % |
ROI | 2.7 % | 2.7 % | 37.0 % | -1.5 % | -2.4 % |
Economic value added (EVA) | - 285.22 | - 367.71 | 3 541.84 | - 609.06 | - 720.78 |
Solvency | |||||
Equity ratio | 28.7 % | 31.5 % | 59.8 % | 70.4 % | 76.2 % |
Gearing | 222.1 % | 170.1 % | 35.5 % | 28.7 % | 26.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.1 | 1.3 | 1.3 | 1.3 |
Current ratio | 0.3 | 0.1 | 1.3 | 1.3 | 1.3 |
Cash and cash equivalents | 357.91 | 2 911.75 | 1 018.10 | 177.90 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
Variable visualization
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