MIDTJYSK ALBYG A/S — Credit Rating and Financial Key Figures

CVR number: 87375412
Farvervej 1, 7490 Aulum
info@midtjyskalbyg.dk
tel: 97472590

Company information

Official name
MIDTJYSK ALBYG A/S
Personnel
53 persons
Established
1979
Company form
Limited company
Industry

About MIDTJYSK ALBYG A/S

MIDTJYSK ALBYG A/S (CVR number: 87375412) is a company from HERNING. The company recorded a gross profit of 22.6 mDKK in 2024. The operating profit was 5222 kDKK, while net earnings were 4050.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.7 %, which can be considered good but Return on Equity (ROE) was 17.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.9 %, 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 ALBYG A/S's liquidity measured by quick ratio was 2.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit18 970.9419 247.1023 195.6024 807.9422 612.83
EBIT10 356.319 118.3710 565.419 199.505 222.00
Net earnings7 829.786 740.718 239.037 448.234 050.66
Shareholders equity total19 397.0726 137.7824 376.8123 725.0521 775.70
Balance sheet total (assets)38 635.2156 314.2152 975.1538 393.1244 582.82
Net debt-3 119.417 857.34-7 783.42-11 039.07-6 720.29
Profitability
EBIT-%
ROA24.9 %19.2 %20.9 %21.5 %13.7 %
ROE46.1 %29.6 %32.6 %31.0 %17.8 %
ROI42.1 %28.2 %34.3 %33.5 %20.2 %
Economic value added (EVA)8 472.096 373.046 923.776 343.723 395.30
Solvency
Equity ratio55.4 %49.4 %48.3 %63.9 %54.9 %
Gearing10.4 %30.2 %0.2 %1.4 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.92.12.14.12.5
Current ratio2.32.02.03.92.0
Cash and cash equivalents5 146.1630.007 823.9511 370.486 761.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:13.7%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.9%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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