Midtjysk Leasing ApS

CVR number: 36419695
Taksvej 18, 7400 Herning
info@jyskleasing.dk
tel: 70707373
www.jyskleasing.dk

Credit rating

Company information

Official name
Midtjysk Leasing ApS
Established
2014
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About Midtjysk Leasing ApS

Midtjysk Leasing ApS (CVR number: 36419695) is a company from HERNING. The company recorded a gross profit of 60.2 kDKK in 2023. The operating profit was 60.2 kDKK, while net earnings were 48.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak but Return on Equity (ROE) was 6.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 27.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Midtjysk Leasing ApS's liquidity measured by quick ratio was 1.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit43.0857.1933.10115.8160.20
EBIT43.0857.1933.10115.8160.20
Net earnings34.8947.5927.6483.8248.09
Shareholders equity total453.48501.07528.71712.53760.62
Balance sheet total (assets)1 570.472 089.791 971.232 371.012 795.84
Net debt- 130.48- 249.34405.19419.08811.51
Profitability
EBIT-%
ROA3.2 %3.1 %1.7 %5.3 %2.3 %
ROE8.0 %10.0 %5.4 %13.5 %6.5 %
ROI9.9 %12.1 %4.2 %8.8 %3.7 %
Economic value added (EVA)37.7231.0615.2167.8531.47
Solvency
Equity ratio28.9 %24.0 %26.8 %30.1 %27.2 %
Gearing113.8 %112.4 %125.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.31.41.41.4
Current ratio1.41.31.41.41.4
Cash and cash equivalents130.48249.34196.35381.66144.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:2.33%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.2%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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