MIDTVEST KREATUR- OG SOEKSPORT ApS — Credit Rating and Financial Key Figures

CVR number: 87229319
Vestre Søvej 16, 7451 Sunds
kw@hswestergaard.dk
tel: 22220033

Company information

Official name
MIDTVEST KREATUR- OG SOEKSPORT ApS
Personnel
1 person
Established
1979
Company form
Private limited company
Industry

About MIDTVEST KREATUR- OG SOEKSPORT ApS

MIDTVEST KREATUR- OG SOEKSPORT ApS (CVR number: 87229319) is a company from HERNING. The company recorded a gross profit of 493.8 kDKK in 2023. The operating profit was 85.5 kDKK, while net earnings were 2017.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 84.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIDTVEST KREATUR- OG SOEKSPORT ApS's liquidity measured by quick ratio was 30.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit786.66778.86768.73685.69493.82
EBIT490.88565.90555.81395.8985.54
Net earnings1 836.471 930.82-1 285.833 453.862 017.31
Shareholders equity total34 211.9036 042.7134 656.8938 010.7434 049.62
Balance sheet total (assets)42 529.1943 804.2843 069.5745 394.7140 285.81
Net debt-91.69736.372 404.893 431.61-10 958.77
Profitability
EBIT-%
ROA4.8 %5.0 %-2.5 %8.4 %5.5 %
ROE5.5 %5.5 %-3.6 %9.5 %5.6 %
ROI4.9 %5.1 %-2.5 %8.5 %5.5 %
Economic value added (EVA)- 293.32- 198.77- 271.37- 468.49-1 200.41
Solvency
Equity ratio80.4 %82.3 %80.5 %83.7 %84.5 %
Gearing22.4 %19.8 %22.9 %18.1 %16.8 %
Relative net indebtedness %
Liquidity
Quick ratio10.712.97.010.230.8
Current ratio10.712.97.010.230.8
Cash and cash equivalents7 753.446 400.915 516.183 463.5616 687.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:5.52%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.5%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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