Midtjysk Ejendoms-Invest ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Midtjysk Ejendoms-Invest ApS
Midtjysk Ejendoms-Invest ApS (CVR number: 40401237) is a company from IKAST-BRANDE. The company recorded a gross profit of 51 kDKK in 2023. The operating profit was 44.4 kDKK, while net earnings were -1.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent but Return on Equity (ROE) was -3.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46 %, 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 Ejendoms-Invest 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 13.04 | -0.03 | -3.65 | 50.98 | |
EBIT | 13.04 | -0.03 | -3.65 | 44.39 | |
Net earnings | 9.14 | 0.57 | -2.97 | -1.79 | |
Shareholders equity total | 11.14 | 11.14 | 49.71 | 46.74 | 44.95 |
Balance sheet total (assets) | 24.60 | 24.60 | 56.21 | 53.24 | 1 576.10 |
Net debt | -24.10 | -18.64 | -56.21 | -8.58 | 1 307.52 |
Profitability | |||||
EBIT-% | |||||
ROA | 53.0 % | -0.1 % | -6.7 % | 5.5 % | |
ROE | 82.0 % | 1.9 % | -6.2 % | -3.9 % | |
ROI | 112.0 % | -0.1 % | -7.6 % | 6.3 % | |
Economic value added (EVA) | 9.18 | 0.68 | 0.65 | -3.33 | 42.47 |
Solvency | |||||
Equity ratio | 45.3 % | 45.3 % | 88.4 % | 87.8 % | 46.0 % |
Gearing | 4.5 % | 53.5 % | 2984.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 1.8 | 8.6 | 4.2 | 0.7 |
Current ratio | 1.8 | 1.8 | 8.6 | 8.2 | 0.2 |
Cash and cash equivalents | 24.60 | 24.60 | 56.21 | 8.58 | 33.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | BB | BB | BBB |
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