Midtjysk El Center ApS — Credit Rating and Financial Key Figures

CVR number: 40833595
Siriusvej 1, 7430 Ikast
info@midtjyskelcenter.dk
tel: 96606000
www.midtjyskelcenter.dk

Credit rating

Company information

Official name
Midtjysk El Center ApS
Personnel
27 persons
Established
2019
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About Midtjysk El Center ApS

Midtjysk El Center ApS (CVR number: 40833595) is a company from IKAST-BRANDE. The company recorded a gross profit of 9139.1 kDKK in 2023. The operating profit was -1356 kDKK, while net earnings were -1126.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.4 %, which can be considered poor and Return on Equity (ROE) was -35.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -7.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Midtjysk El Center ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit-3.75-3.359 853.959 139.13
EBIT-3.75-3.35935.08-1 356.01
Net earnings-2.93-2.48639.67-1 126.44
Shareholders equity total28.9126.43666.09- 460.35
Balance sheet total (assets)35.7829.776 850.005 753.73
Net debt781.86956.57
Profitability
EBIT-%
ROA-10.5 %-10.2 %27.6 %-20.4 %
ROE-10.1 %-9.0 %184.7 %-35.1 %
ROI-13.0 %-12.1 %116.9 %-104.3 %
Economic value added (EVA)-3.75-4.80722.44-1 095.45
Solvency
Equity ratio80.8 %88.7 %9.7 %-7.4 %
Gearing123.0 %-208.7 %
Relative net indebtedness %
Liquidity
Quick ratio5.28.90.70.5
Current ratio5.28.91.00.8
Cash and cash equivalents37.314.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-20.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-7.41%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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