MIDTDJURS VVS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIDTDJURS VVS ApS
MIDTDJURS VVS ApS (CVR number: 26346134) is a company from SYDDJURS. The company recorded a gross profit of 2563.9 kDKK in 2024. The operating profit was -382.5 kDKK, while net earnings were -387.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.9 %, which can be considered poor and Return on Equity (ROE) was -38.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MIDTDJURS VVS ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 885.34 | 3 187.11 | 3 265.88 | 3 181.11 | 2 563.94 |
EBIT | 268.22 | 391.33 | 379.41 | 362.89 | - 382.49 |
Net earnings | 257.18 | 387.15 | 368.79 | 327.78 | - 387.35 |
Shareholders equity total | 1 018.25 | 1 405.39 | 1 374.18 | 1 351.97 | 639.62 |
Balance sheet total (assets) | 2 133.68 | 2 328.78 | 2 580.01 | 2 707.93 | 1 806.09 |
Net debt | - 225.65 | - 188.72 | 121.76 | 43.17 | 667.87 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.0 % | 17.5 % | 15.5 % | 13.7 % | -16.9 % |
ROE | 28.9 % | 31.9 % | 26.5 % | 24.0 % | -38.9 % |
ROI | 24.8 % | 32.3 % | 24.5 % | 19.9 % | -23.3 % |
Economic value added (EVA) | 210.55 | 340.17 | 308.79 | 259.53 | - 476.96 |
Solvency | |||||
Equity ratio | 47.7 % | 60.3 % | 53.3 % | 49.9 % | 35.4 % |
Gearing | 22.9 % | 44.2 % | 107.2 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.6 | 1.3 | 1.3 | 0.7 |
Current ratio | 1.8 | 2.4 | 2.1 | 2.0 | 1.5 |
Cash and cash equivalents | 225.65 | 188.72 | 192.47 | 554.85 | 17.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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