Midtjysk Rørbuk ApS — Credit Rating and Financial Key Figures

CVR number: 31576954
Højgårdsvej 35, Thorning 8620 Kjellerup
rp@midtjyskrorbuk.dk

Credit rating

Company information

Official name
Midtjysk Rørbuk ApS
Personnel
2 persons
Established
2008
Domicile
Thorning
Company form
Private limited company
Industry
  • Expand more icon24Manufacture of basic metals

About Midtjysk Rørbuk ApS

Midtjysk Rørbuk ApS (CVR number: 31576954) is a company from SILKEBORG. The company recorded a gross profit of 827.5 kDKK in 2023. The operating profit was 87.2 kDKK, while net earnings were 62.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 80.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Midtjysk Rørbuk ApS's liquidity measured by quick ratio was 3.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 044.61626.46496.131 061.46827.48
EBIT383.30- 469.19- 140.75400.5587.18
Net earnings296.46- 370.58- 113.58308.0662.47
Shareholders equity total2 796.432 425.852 312.271 820.341 682.81
Balance sheet total (assets)3 402.392 786.182 587.432 173.172 098.42
Net debt- 346.23- 791.98- 545.68- 583.39- 393.88
Profitability
EBIT-%
ROA11.6 %-15.2 %-5.2 %16.8 %4.2 %
ROE11.2 %-14.2 %-4.8 %14.9 %3.6 %
ROI14.1 %-17.7 %-5.9 %19.3 %4.9 %
Economic value added (EVA)175.11- 489.50- 191.87222.545.87
Solvency
Equity ratio82.2 %87.1 %89.4 %83.8 %80.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.24.66.63.43.1
Current ratio5.46.87.54.23.9
Cash and cash equivalents346.23791.98545.68583.39393.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:4.15%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.2%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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