MIDTJYSK RUSTFRI ApS — Credit Rating and Financial Key Figures

CVR number: 35376194
Almtoftvej 24, 8620 Kjellerup
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Credit rating

Company information

Official name
MIDTJYSK RUSTFRI ApS
Personnel
11 persons
Established
2013
Company form
Private limited company
Industry

About MIDTJYSK RUSTFRI ApS

MIDTJYSK RUSTFRI ApS (CVR number: 35376194) is a company from SILKEBORG. The company recorded a gross profit of 4145.4 kDKK in 2024. The operating profit was 417.2 kDKK, while net earnings were 315.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good but Return on Equity (ROE) was 18.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.8 %, 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 RUSTFRI ApS's liquidity measured by quick ratio was 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 270.652 955.203 078.783 297.794 145.37
EBIT259.30386.64340.42549.49417.19
Net earnings196.45293.66252.10415.00315.52
Shareholders equity total957.491 151.161 303.261 618.261 833.77
Balance sheet total (assets)2 347.561 944.471 924.352 621.893 067.97
Net debt- 274.09- 380.98-58.77- 689.66- 581.97
Profitability
EBIT-%
ROA12.9 %18.0 %17.6 %24.2 %14.7 %
ROE22.9 %27.9 %20.5 %28.4 %18.3 %
ROI30.2 %36.7 %26.8 %36.0 %23.5 %
Economic value added (EVA)162.75252.17207.05356.97239.33
Solvency
Equity ratio40.8 %59.2 %67.7 %61.7 %59.8 %
Gearing6.4 %3.0 %2.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.71.62.22.0
Current ratio1.52.12.62.42.3
Cash and cash equivalents274.09380.98141.56738.92634.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:14.7%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.8%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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