Midtjysk Studenterkørsel ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Midtjysk Studenterkørsel ApS
Midtjysk Studenterkørsel ApS (CVR number: 41726660) is a company from HERNING. The company recorded a gross profit of -61.9 kDKK in 2023. The operating profit was -239.4 kDKK, while net earnings were -233.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -53 %, which can be considered poor and Return on Equity (ROE) was -163.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -736.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Midtjysk Studenterkørsel ApS's liquidity measured by quick ratio was 8 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 financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -17.71 | 159.27 | -61.87 |
EBIT | -48.47 | 51.99 | - 239.35 |
Net earnings | -48.99 | 42.80 | - 233.22 |
Shareholders equity total | -8.99 | 33.81 | - 199.42 |
Balance sheet total (assets) | 317.33 | 428.59 | 252.04 |
Net debt | - 150.59 | -98.30 | - 111.81 |
Profitability | |||
EBIT-% | |||
ROA | -14.9 % | 13.8 % | -53.0 % |
ROE | -15.4 % | 24.4 % | -163.2 % |
ROI | -484.7 % | 193.2 % | -866.2 % |
Economic value added (EVA) | -48.47 | 51.94 | - 235.61 |
Solvency | |||
Equity ratio | -2.8 % | 54.4 % | -736.7 % |
Gearing | -111.2 % | 29.6 % | -5.0 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 10.8 | 8.0 | |
Current ratio | 0.8 | 0.5 | |
Cash and cash equivalents | 160.59 | 108.30 | 121.81 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | B |
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