Midt Vest Trailers ApS — Credit Rating and Financial Key Figures

CVR number: 41968230
Sirvej 19, 7500 Holstebro
tel: 25722080

Credit rating

Company information

Official name
Midt Vest Trailers ApS
Personnel
1 person
Established
2020
Company form
Private limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About Midt Vest Trailers ApS

Midt Vest Trailers ApS (CVR number: 41968230) is a company from HOLSTEBRO. The company recorded a gross profit of 546.5 kDKK in 2023. The operating profit was 225.8 kDKK, while net earnings were 119.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.5 %, which can be considered good and Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 6.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Midt Vest Trailers ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit500.51327.58546.54
EBIT114.88-79.52225.77
Net earnings45.40-98.17119.34
Shareholders equity total85.40-12.76106.57
Balance sheet total (assets)914.711 876.171 603.26
Net debt632.271 329.951 267.69
Profitability
EBIT-%
ROA12.6 %-5.0 %13.5 %
ROE53.2 %-10.0 %12.0 %
ROI16.1 %-6.8 %17.4 %
Economic value added (EVA)72.77-63.46175.15
Solvency
Equity ratio9.3 %-0.7 %6.6 %
Gearing740.3 %-10419.6 %1200.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.2
Current ratio1.10.91.0
Cash and cash equivalents12.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:13.5%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.65%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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