MIDTSJÆLLANDS VVS-INDUSTRISERVICE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIDTSJÆLLANDS VVS-INDUSTRISERVICE ApS
MIDTSJÆLLANDS VVS-INDUSTRISERVICE ApS (CVR number: 31301238) is a company from RINGSTED. The company reported a net sales of 0 mDKK in 2024, demonstrating a decline of -80.1 % compared to the previous year. The operating profit percentage was poor at -363.2 % (EBIT: -0 mDKK), while net earnings were -29.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -39.6 %, which can be considered poor and Return on Equity (ROE) was -52.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIDTSJÆLLANDS VVS-INDUSTRISERVICE ApS's liquidity measured by quick ratio was 6.1 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 131.81 | 189.40 | 67.83 | 33.12 | 6.59 |
Gross profit | 39.94 | 28.75 | 5.65 | -13.13 | -15.92 |
EBIT | 21.47 | -3.09 | -7.73 | -42.63 | -23.95 |
Net earnings | 16.68 | -3.75 | -8.37 | -42.63 | -29.39 |
Shareholders equity total | 138.77 | 122.02 | 113.65 | 71.02 | 41.62 |
Balance sheet total (assets) | 150.79 | 122.02 | 113.65 | 71.02 | 49.76 |
Net debt | - 145.33 | -75.01 | -67.42 | -34.54 | -24.32 |
Profitability | |||||
EBIT-% | 16.3 % | -1.6 % | -11.4 % | -128.7 % | -363.2 % |
ROA | 12.6 % | -2.3 % | -6.6 % | -46.2 % | -39.6 % |
ROE | 12.8 % | -2.9 % | -7.1 % | -46.2 % | -52.2 % |
ROI | 13.1 % | -2.4 % | -6.6 % | -46.2 % | -42.5 % |
Economic value added (EVA) | 7.59 | -10.07 | -13.86 | -48.34 | -32.96 |
Solvency | |||||
Equity ratio | 92.0 % | 100.0 % | 100.0 % | 100.0 % | 83.6 % |
Gearing | 0.1 % | ||||
Relative net indebtedness % | -101.2 % | -39.6 % | -99.4 % | -104.3 % | -245.4 % |
Liquidity | |||||
Quick ratio | 12.5 | 6.1 | |||
Current ratio | 12.5 | 6.1 | |||
Cash and cash equivalents | 145.47 | 75.01 | 67.42 | 34.54 | 24.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 29.3 | 110.6 | 66.1 | ||
Net working capital % | 105.3 % | 64.4 % | 167.6 % | 214.4 % | 631.4 % |
Credit risk | |||||
Credit rating | BB | B | B | B | B |
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