MIDTTEK EL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIDTTEK EL ApS
MIDTTEK EL ApS (CVR number: 33386249) is a company from AARHUS. The company recorded a gross profit of 1055.3 kDKK in 2024. The operating profit was -54.5 kDKK, while net earnings were -44.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.7 %, which can be considered poor and Return on Equity (ROE) was -10.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.7 %, 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. MIDTTEK EL ApS's liquidity measured by quick ratio was 2 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 | 1 080.69 | 1 117.75 | 1 021.00 | 1 020.00 | 1 055.34 |
EBIT | 69.33 | 133.11 | 26.00 | -43.00 | -54.46 |
Net earnings | 48.53 | 97.94 | 17.00 | -39.00 | -44.86 |
Shareholders equity total | 536.55 | 634.50 | 594.00 | 496.00 | 390.39 |
Balance sheet total (assets) | 1 184.27 | 1 134.36 | 1 084.00 | 884.00 | 688.80 |
Net debt | - 729.64 | - 737.75 | - 726.00 | - 560.00 | - 400.16 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.7 % | 11.5 % | 2.3 % | -4.4 % | -6.7 % |
ROE | 9.5 % | 16.7 % | 2.8 % | -7.2 % | -10.1 % |
ROI | 12.6 % | 21.0 % | 4.1 % | -7.9 % | -12.0 % |
Economic value added (EVA) | 28.07 | 75.57 | -12.03 | -64.22 | -67.87 |
Solvency | |||||
Equity ratio | 45.3 % | 55.9 % | 54.8 % | 56.1 % | 56.7 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 2.3 | 2.2 | 1.9 | 2.0 |
Current ratio | 2.0 | 2.5 | 2.4 | 2.2 | 2.3 |
Cash and cash equivalents | 729.64 | 737.75 | 726.00 | 560.00 | 400.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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