MIDTJYSK TANK TRANSPORT ApS — Credit Rating and Financial Key Figures

CVR number: 34460345
Hobrovej 4, 9632 Møldrup
jann@midtjysk-tanktransport.dk

Credit rating

Company information

Official name
MIDTJYSK TANK TRANSPORT ApS
Personnel
8 persons
Established
2012
Company form
Private limited company
Industry
  • Expand more icon49Land transport and transport via pipelines

About MIDTJYSK TANK TRANSPORT ApS

MIDTJYSK TANK TRANSPORT ApS (CVR number: 34460345) is a company from VIBORG. The company recorded a gross profit of 4902.1 kDKK in 2023. The operating profit was 986 kDKK, while net earnings were 747 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.1 %, which can be considered excellent and Return on Equity (ROE) was 43.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64 %, 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. MIDTJYSK TANK TRANSPORT ApS's liquidity measured by quick ratio was 2.9 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
20192020202120222023
Volume
Net sales
Gross profit3 095.562 810.642 727.983 554.324 902.05
EBIT207.12357.1191.17292.02986.05
Net earnings151.52270.1958.42201.10746.95
Shareholders equity total828.321 098.511 156.931 358.032 104.98
Balance sheet total (assets)2 080.541 829.632 259.213 082.883 287.96
Net debt-1 006.17- 284.2398.40- 141.93- 783.83
Profitability
EBIT-%
ROA10.3 %18.6 %5.0 %11.1 %31.1 %
ROE16.8 %28.0 %5.2 %16.0 %43.1 %
ROI21.1 %31.9 %7.1 %15.1 %44.1 %
Economic value added (EVA)151.69286.7127.58166.11730.77
Solvency
Equity ratio39.8 %60.0 %51.2 %44.1 %64.0 %
Gearing21.1 %13.1 %37.1 %62.6 %1.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.72.11.92.9
Current ratio1.82.72.11.92.9
Cash and cash equivalents1 181.23428.60331.07992.27824.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:31.1%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.0%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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