Midtjysk Afrensning ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Midtjysk Afrensning ApS
Midtjysk Afrensning ApS (CVR number: 41308435) is a company from RANDERS. The company recorded a gross profit of 0.2 kDKK in 2024. The operating profit was -8.1 kDKK, while net earnings were -9.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.4 %, which can be considered poor and Return on Equity (ROE) was -14.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.2 %, 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 Afrensning ApS's liquidity measured by quick ratio was 3.4 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 financials2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | 53.46 | -21 911.00 | 14.31 | 0.20 |
| EBIT | 53.46 | -21 911.00 | 11.53 | -8.13 |
| Net earnings | 40.77 | -22 923.00 | 10.03 | -9.10 |
| Shareholders equity total | 80.78 | 57 853.00 | 67.88 | 58.78 |
| Balance sheet total (assets) | 99.61 | 71 102.00 | 99.21 | 74.24 |
| Net debt | -96.24 | -24 432.00 | -33.04 | -9.48 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 53.7 % | -61.5 % | 0.0 % | -9.4 % |
| ROE | 50.5 % | -79.1 % | 0.0 % | -14.4 % |
| ROI | 66.2 % | -73.8 % | 0.0 % | -11.8 % |
| Economic value added (EVA) | 41.52 | -21 910.22 | -1 594.06 | -9.74 |
| Solvency | ||||
| Equity ratio | 81.1 % | 81.4 % | 68.4 % | 79.2 % |
| Gearing | 2.5 % | 4.1 % | 14.6 % | |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 5.3 | 4.6 | 2.2 | 3.4 |
| Current ratio | 5.3 | 5.4 | 2.5 | 3.9 |
| Cash and cash equivalents | 96.24 | 25 901.00 | 35.80 | 18.04 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | BB | BB | BB |
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