Midtjysk Studenterkørsel ApS — Credit Rating and Financial Key Figures

CVR number: 41726660
Ørre Byvej 4, Sinding 7400 Herning

Credit rating

Company information

Official name
Midtjysk Studenterkørsel ApS
Personnel
2 persons
Established
2020
Domicile
Sinding
Company form
Private limited company
Industry
  • Expand more icon49Land transport and transport via pipelines

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
202120222023
Volume
Net sales
Gross profit-17.71159.27-61.87
EBIT-48.4751.99- 239.35
Net earnings-48.9942.80- 233.22
Shareholders equity total-8.9933.81- 199.42
Balance sheet total (assets)317.33428.59252.04
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)-48.4751.94- 235.61
Solvency
Equity ratio-2.8 %54.4 %-736.7 %
Gearing-111.2 %29.6 %-5.0 %
Relative net indebtedness %
Liquidity
Quick ratio10.88.0
Current ratio0.80.5
Cash and cash equivalents160.59108.30121.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-53.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-736.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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