MIDTJYSK RØR MONTAGE ApS

CVR number: 12199295
Nørregårdsvej 9, 8370 Hadsten
mmn-cb@firma_tele.dk
tel: 40455866

Credit rating

Company information

Official name
MIDTJYSK RØR MONTAGE ApS
Personnel
2 persons
Established
1988
Company form
Private limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About MIDTJYSK RØR MONTAGE ApS

MIDTJYSK RØR MONTAGE ApS (CVR number: 12199295) is a company from FAVRSKOV. The company recorded a gross profit of 1689.1 kDKK in 2023. The operating profit was 489.9 kDKK, while net earnings were 381.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.8 %, which can be considered excellent and Return on Equity (ROE) was 77.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MIDTJYSK RØR MONTAGE ApS's liquidity measured by quick ratio was 2.4 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 profit1 793.132 240.811 682.761 325.691 689.10
EBIT629.00888.91483.34261.36489.88
Net earnings489.25690.76374.63196.01381.38
Shareholders equity total976.98777.74502.37398.38589.76
Balance sheet total (assets)1 649.591 751.061 476.761 118.981 021.69
Net debt- 587.27- 295.45-8.144.97- 536.88
Profitability
EBIT-%
ROA38.3 %52.3 %29.9 %20.1 %45.8 %
ROE49.8 %78.7 %58.5 %43.5 %77.2 %
ROI55.0 %84.1 %49.7 %30.1 %66.1 %
Economic value added (EVA)456.50680.80363.07200.95379.91
Solvency
Equity ratio59.2 %44.4 %34.0 %35.6 %57.7 %
Gearing14.8 %25.6 %91.2 %93.6 %20.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.31.81.51.52.4
Current ratio2.31.81.51.52.4
Cash and cash equivalents731.55494.53466.43367.87655.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:45.8%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.7%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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