MIDTJYSK RUSTFRI ApS — Credit Rating and Financial Key Figures

CVR number: 35376194
Almtoftvej 24, 8620 Kjellerup

Credit rating

Company information

Official name
MIDTJYSK RUSTFRI ApS
Personnel
10 persons
Established
2013
Company form
Private limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About MIDTJYSK RUSTFRI ApS

MIDTJYSK RUSTFRI ApS (CVR number: 35376194) is a company from SILKEBORG. The company recorded a gross profit of 3297.8 kDKK in 2023. The operating profit was 549.5 kDKK, while net earnings were 415 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.2 %, which can be considered excellent and Return on Equity (ROE) was 28.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.7 %, 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 RUSTFRI ApS's liquidity measured by quick ratio was 2.2 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 659.003 270.652 955.203 078.783 297.79
EBIT75.52259.30386.64340.42549.49
Net earnings36.76196.45293.66252.10415.00
Shareholders equity total761.04957.491 151.161 303.261 618.26
Balance sheet total (assets)1 682.192 347.561 944.471 924.352 621.89
Net debt- 469.90- 274.09- 380.98-58.77- 689.66
Profitability
EBIT-%
ROA3.9 %12.9 %18.0 %17.6 %24.2 %
ROE4.9 %22.9 %27.9 %20.5 %28.4 %
ROI8.8 %30.2 %36.7 %26.8 %36.0 %
Economic value added (EVA)18.34186.36265.94226.19368.25
Solvency
Equity ratio45.2 %40.8 %59.2 %67.7 %61.7 %
Gearing6.4 %3.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.31.71.62.2
Current ratio1.51.52.12.62.4
Cash and cash equivalents469.90274.09380.98141.56738.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:24.2%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.7%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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