MIDTJYSK BYG ApS — Credit Rating and Financial Key Figures

CVR number: 29808775
Hedevej 1 F, 7470 Karup J
edcjim2002@yahoo.dk
tel: 40302506

Credit rating

Company information

Official name
MIDTJYSK BYG ApS
Personnel
5 persons
Established
2007
Company form
Private limited company
Industry

About MIDTJYSK BYG ApS

MIDTJYSK BYG ApS (CVR number: 29808775) is a company from VIBORG. The company recorded a gross profit of 3255.7 kDKK in 2023. The operating profit was -120.4 kDKK, while net earnings were -111.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.4 %, which can be considered poor and Return on Equity (ROE) was -4.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.1 %, 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 BYG ApS's liquidity measured by quick ratio was 3.2 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 profit2 861.822 611.803 117.753 301.403 255.72
EBIT204.81375.77125.41105.43- 120.41
Net earnings151.00290.0977.0966.21- 111.88
Shareholders equity total1 951.522 241.612 318.702 384.922 273.04
Balance sheet total (assets)2 602.453 725.353 935.843 941.053 195.30
Net debt-1 808.74-2 468.65-1 201.82-1 140.74- 542.37
Profitability
EBIT-%
ROA7.2 %11.9 %3.3 %2.7 %-3.4 %
ROE7.6 %13.8 %3.4 %2.8 %-4.8 %
ROI10.3 %17.9 %5.5 %4.5 %-5.2 %
Economic value added (EVA)49.56199.84-26.62-44.41- 227.59
Solvency
Equity ratio75.0 %60.2 %58.9 %60.5 %71.1 %
Gearing0.1 %0.1 %0.1 %0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.72.22.22.43.2
Current ratio3.82.22.22.43.2
Cash and cash equivalents1 810.942 470.851 204.021 142.94544.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-3.37%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.1%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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