MIDTJYSK MALERFIRMA HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIDTJYSK MALERFIRMA HOLDING ApS
MIDTJYSK MALERFIRMA HOLDING ApS (CVR number: 29606595) is a company from BILLUND. The company recorded a gross profit of -38.2 kDKK in 2024. The operating profit was -38.2 kDKK, while net earnings were 304.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.2 %, which can be considered excellent and Return on Equity (ROE) was 24.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MIDTJYSK MALERFIRMA HOLDING ApS's liquidity measured by quick ratio was 2.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -7.75 | -7.68 | -7.75 | -11.16 | -38.18 |
EBIT | -7.75 | -7.68 | -7.75 | -11.16 | -38.18 |
Net earnings | 376.33 | 189.09 | -6.73 | 491.80 | 304.55 |
Shareholders equity total | 840.47 | 916.56 | 795.43 | 1 169.43 | 1 351.98 |
Balance sheet total (assets) | 1 627.48 | 1 432.05 | 1 300.90 | 2 059.52 | 2 051.99 |
Net debt | - 293.55 | - 493.22 | - 400.65 | - 238.23 | - 822.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 29.6 % | 14.3 % | 0.6 % | 30.4 % | 15.2 % |
ROE | 53.2 % | 21.5 % | -0.8 % | 50.1 % | 24.2 % |
ROI | 30.1 % | 14.5 % | 0.6 % | 31.7 % | 16.1 % |
Economic value added (EVA) | -65.45 | -85.53 | -77.76 | -73.83 | - 127.17 |
Solvency | |||||
Equity ratio | 51.6 % | 64.0 % | 61.1 % | 56.8 % | 65.9 % |
Gearing | 88.2 % | 55.7 % | 62.9 % | 65.2 % | 45.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 2.0 | 1.8 | 1.3 | 2.1 |
Current ratio | 1.4 | 2.0 | 1.8 | 1.3 | 2.1 |
Cash and cash equivalents | 1 034.62 | 1 003.68 | 901.12 | 1 000.31 | 1 439.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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