Midtjysk Transport Service ApS — Credit Rating and Financial Key Figures

CVR number: 40454047
Sandagervej 4, 7400 Herning
info@3x14.dk
tel: 27141414
www.3x14.dk

Company information

Official name
Midtjysk Transport Service ApS
Personnel
9 persons
Established
2019
Company form
Private limited company
Industry

About Midtjysk Transport Service ApS

Midtjysk Transport Service ApS (CVR number: 40454047) is a company from HERNING. The company recorded a gross profit of 3770.7 kDKK in 2024. The operating profit was 836.4 kDKK, while net earnings were 708.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 58.9 %, which can be considered excellent and Return on Equity (ROE) was 144.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Midtjysk Transport Service ApS's liquidity measured by quick ratio was 1.7 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
2020
2021
2022
2023
2024
Volume
Net sales2 471.69
Gross profit945.021 035.691 503.722 206.813 770.73
EBIT- 119.390.04589.33- 338.65836.42
Net earnings- 119.56-11.20478.10- 357.88708.76
Shareholders equity total26.7115.51493.60135.73844.49
Balance sheet total (assets)558.08567.321 775.471 205.921 657.88
Net debt21.05-13.13-69.44- 566.22- 261.76
Profitability
EBIT-%-4.8 %
ROA-23.5 %0.0 %50.3 %-22.6 %58.9 %
ROE-138.2 %-53.1 %187.8 %-113.7 %144.6 %
ROI-74.0 %0.1 %231.4 %-107.2 %169.5 %
Economic value added (EVA)- 132.78-2.80484.08- 363.45714.97
Solvency
Equity ratio4.8 %2.7 %27.8 %11.3 %50.9 %
Gearing111.0 %0.6 %0.0 %0.1 %0.1 %
Relative net indebtedness %21.2 %
Liquidity
Quick ratio1.01.01.40.81.7
Current ratio1.01.01.40.81.7
Cash and cash equivalents8.6013.2169.52566.31262.29
Capital use efficiency
Trade debtors turnover (days)75.3
Net working capital %0.3 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:58.9%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.9%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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