Midt-Vest Stål Metal ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Midt-Vest Stål Metal ApS
Midt-Vest Stål Metal ApS (CVR number: 39849933) is a company from HOLSTEBRO. The company recorded a gross profit of 818.2 kDKK in 2024. The operating profit was -270.2 kDKK, while net earnings were -303.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -30.2 %, which can be considered poor and Return on Equity (ROE) was -56.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Midt-Vest Stål Metal ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 078.13 | 1 013.85 | 1 212.54 | 1 641.22 | 818.22 |
| EBIT | 23.56 | -83.23 | 112.86 | 477.59 | - 270.20 |
| Net earnings | 3.52 | -78.50 | 74.44 | 355.84 | - 303.65 |
| Shareholders equity total | 104.83 | 26.33 | 100.77 | 426.61 | -27.04 |
| Balance sheet total (assets) | 678.33 | 718.89 | 665.82 | 1 107.74 | 652.97 |
| Net debt | 79.82 | 438.68 | 305.74 | - 135.90 | 480.94 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 3.2 % | -11.9 % | 16.3 % | 53.9 % | -30.2 % |
| ROE | 3.4 % | -119.7 % | 117.1 % | 134.9 % | -56.3 % |
| ROI | 4.8 % | -18.7 % | 25.7 % | 85.9 % | -45.8 % |
| Economic value added (EVA) | 4.22 | -65.21 | 80.74 | 362.54 | - 278.40 |
| Solvency | |||||
| Equity ratio | 15.5 % | 3.7 % | 15.1 % | 38.5 % | -4.0 % |
| Gearing | 301.8 % | 1665.9 % | 310.3 % | 63.9 % | -1778.9 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.7 | 0.6 | 1.0 | 1.6 | 0.7 |
| Current ratio | 0.9 | 0.9 | 1.1 | 1.7 | 0.8 |
| Cash and cash equivalents | 236.60 | 6.92 | 408.46 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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