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

CVR number: 14092048
Vestergade 93, 7200 Grindsted
eyh@phe.dk
tel: 75321289
Free credit report Annual report

Credit rating

Company information

Official name
MIDTJYSK BETONBORING A/S
Personnel
2 persons
Established
1990
Company form
Limited company
Industry

About MIDTJYSK BETONBORING A/S

MIDTJYSK BETONBORING A/S (CVR number: 14092048) is a company from BILLUND. The company recorded a gross profit of 2087.4 kDKK in 2024. The operating profit was 578.5 kDKK, while net earnings were 469.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.3 %, which can be considered excellent and Return on Equity (ROE) was 41.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MIDTJYSK BETONBORING A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit1 128.171 129.161 146.321 640.562 087.45
EBIT356.43401.25392.26571.11578.51
Net earnings327.05340.00338.92468.57469.08
Shareholders equity total999.921 339.921 178.851 147.421 116.50
Balance sheet total (assets)2 243.932 470.332 137.803 601.093 852.41
Net debt- 108.18-39.8670.45835.42480.31
Profitability
EBIT-%
ROA16.2 %19.1 %19.7 %22.1 %17.3 %
ROE22.0 %29.1 %26.9 %40.3 %41.4 %
ROI26.6 %33.2 %29.6 %35.1 %29.8 %
Economic value added (EVA)176.74252.41225.38365.53340.35
Solvency
Equity ratio44.6 %54.2 %55.1 %31.9 %29.0 %
Gearing10.6 %15.3 %27.4 %81.1 %97.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.11.91.31.3
Current ratio1.82.11.91.31.3
Cash and cash equivalents213.71244.72253.0194.58609.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:17.3%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.0%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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