MIDTJYSK MALERFIRMA ApS — Credit Rating and Financial Key Figures

CVR number: 28320450
Sdr. Almstokvej 10, 7190 Billund

Company information

Official name
MIDTJYSK MALERFIRMA ApS
Personnel
7 persons
Established
2004
Company form
Private limited company
Industry

About MIDTJYSK MALERFIRMA ApS

MIDTJYSK MALERFIRMA ApS (CVR number: 28320450) is a company from BILLUND. The company recorded a gross profit of 2945.8 kDKK in 2023. The operating profit was 646.3 kDKK, while net earnings were 521.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51.4 %, which can be considered excellent and Return on Equity (ROE) was 79.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56 %, 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 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 028.532 501.922 282.182 198.352 945.83
EBIT561.41501.66271.8623.46646.29
Net earnings438.69418.77226.4515.41521.62
Shareholders equity total533.15551.92378.37393.78915.40
Balance sheet total (assets)1 364.731 706.241 228.63982.671 633.84
Net debt- 513.06- 387.12- 371.03- 227.79- 531.38
Profitability
EBIT-%
ROA47.6 %34.0 %20.0 %3.0 %51.4 %
ROE139.8 %77.2 %48.7 %4.0 %79.7 %
ROI145.0 %95.5 %63.1 %8.5 %102.7 %
Economic value added (EVA)442.26404.26203.9113.14495.55
Solvency
Equity ratio39.1 %32.3 %30.8 %40.1 %56.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.51.41.31.52.1
Current ratio1.61.41.41.62.2
Cash and cash equivalents513.06387.12371.03227.79531.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:51.4%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.0%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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