TAXA MIDT F.M.B.A. — Credit Rating and Financial Key Figures
Credit rating
Company information
About TAXA MIDT F.M.B.A.
TAXA MIDT F.M.B.A. (CVR number: 38014110) is a company from HERNING. The company reported a net sales of 6.2 mDKK in 2023, demonstrating a growth of 6 % compared to the previous year. The operating profit percentage was at 7.5 % (EBIT: 0.5 mDKK), while net earnings were 461.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 10.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 47.6 %, 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. TAXA MIDT F.M.B.A.'s liquidity measured by quick ratio was 1.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 6 219.84 | 6 446.43 | 5 509.33 | 5 825.83 | 6 176.81 |
Gross profit | 4 261.07 | 4 760.23 | 3 966.98 | 4 166.15 | 4 114.76 |
EBIT | 19.39 | 621.38 | -17.10 | 225.96 | 460.32 |
Net earnings | 3.08 | 593.96 | -50.76 | 192.49 | 461.31 |
Shareholders equity total | 2 959.13 | 3 616.54 | 3 627.04 | 4 028.43 | 4 732.76 |
Balance sheet total (assets) | 8 212.58 | 7 564.51 | 8 402.45 | 10 071.06 | 9 936.68 |
Net debt | 231.02 | 384.51 | -1 657.92 | - 398.83 | -1 867.31 |
Profitability | |||||
EBIT-% | 0.3 % | 9.6 % | -0.3 % | 3.9 % | 7.5 % |
ROA | 0.2 % | 7.9 % | -0.2 % | 2.4 % | 4.6 % |
ROE | 0.1 % | 18.1 % | -1.4 % | 5.0 % | 10.5 % |
ROI | 0.3 % | 9.2 % | -0.3 % | 2.9 % | 5.3 % |
Economic value added (EVA) | 32.25 | 662.49 | -87.36 | 295.44 | 479.10 |
Solvency | |||||
Equity ratio | 36.0 % | 47.8 % | 43.2 % | 40.0 % | 47.6 % |
Gearing | 135.5 % | 72.0 % | 92.4 % | 99.4 % | 92.5 % |
Relative net indebtedness % | 23.7 % | 26.8 % | -4.3 % | 28.2 % | -16.9 % |
Liquidity | |||||
Quick ratio | 1.4 | 1.9 | 1.7 | 1.6 | 1.8 |
Current ratio | 1.4 | 1.9 | 1.7 | 1.6 | 1.8 |
Cash and cash equivalents | 3 777.21 | 2 218.36 | 5 009.64 | 4 402.10 | 6 246.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 157.0 | 223.5 | 150.0 | 292.9 | 162.3 |
Net working capital % | 29.0 % | 46.0 % | 55.0 % | 62.3 % | 64.2 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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