MIDTJYSK MALERFIRMA HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29606595
Sdr. Almstokvej 10, 7190 Billund

Company information

Official name
MIDTJYSK MALERFIRMA HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About MIDTJYSK MALERFIRMA HOLDING ApS

MIDTJYSK MALERFIRMA HOLDING ApS (CVR number: 29606595) is a company from BILLUND. The company recorded a gross profit of -11.2 kDKK in 2023. The operating profit was -11.2 kDKK, while net earnings were 491.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.4 %, which can be considered excellent and Return on Equity (ROE) was 50.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.8 %, 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 MALERFIRMA HOLDING ApS'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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-7.38-7.75-7.68-7.75-11.16
EBIT-7.38-7.75-7.68-7.75-11.16
Net earnings421.73376.33189.09-6.73491.80
Shareholders equity total574.73840.47916.56795.431 169.43
Balance sheet total (assets)1 153.211 627.481 432.051 300.902 059.52
Net debt-30.58- 293.55- 493.22- 400.65- 238.23
Profitability
EBIT-%
ROA54.8 %29.6 %14.3 %0.6 %30.4 %
ROE100.9 %53.2 %21.5 %-0.8 %50.1 %
ROI55.2 %30.1 %14.5 %0.6 %31.7 %
Economic value added (EVA)-9.0640.5252.3929.5629.39
Solvency
Equity ratio49.8 %51.6 %64.0 %61.1 %56.8 %
Gearing99.8 %88.2 %55.7 %62.9 %65.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.42.01.81.3
Current ratio1.11.42.01.81.3
Cash and cash equivalents604.051 034.621 003.68901.121 000.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:30.4%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.8%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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