DEN ERHVERVSDRIVENDE FOND VÆKSTHUS MIDTJYLLAND — Credit Rating and Financial Key Figures

CVR number: 30089456
Åbogade 15, 8200 Aarhus N

Company information

Official name
DEN ERHVERVSDRIVENDE FOND VÆKSTHUS MIDTJYLLAND
Established
2006
Industry

About DEN ERHVERVSDRIVENDE FOND VÆKSTHUS MIDTJYLLAND

DEN ERHVERVSDRIVENDE FOND VÆKSTHUS MIDTJYLLAND (CVR number: 30089456) is a company from AARHUS. The company recorded a gross profit of 39.6 mDKK in 2018. The operating profit was 10.5 mDKK, while net earnings were 10.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 31.6 %, which can be considered excellent and Return on Equity (ROE) was 73.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.4 %, 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. DEN ERHVERVSDRIVENDE FOND VÆKSTHUS MIDTJYLLAND's liquidity measured by quick ratio was 3.5 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
2016
2017
2018
Volume
Net sales
Gross profit27 006.1929 550.3239 649.85
EBIT846.87578.8710 503.24
Net earnings822.85490.0510 399.71
Shareholders equity total8 459.318 949.3619 349.07
Balance sheet total (assets)48 699.2628 171.3138 343.45
Net debt-38 321.22-23 480.42-33 592.50
Profitability
EBIT-%
ROA1.7 %1.5 %31.6 %
ROE9.7 %5.6 %73.5 %
ROI10.0 %6.7 %74.2 %
Economic value added (EVA)846.872 079.4311 233.42
Solvency
Equity ratio29.2 %34.3 %64.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.31.63.5
Current ratio1.21.42.0
Cash and cash equivalents38 321.2223 480.4233 592.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAA

Variable visualization

ROA:31.6%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.4%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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