TAXA MIDT F.M.B.A. — Credit Rating and Financial Key Figures

CVR number: 38014110
Sakskøbingvej 8, 7400 Herning
booking@taxamidt.dk
tel: 97120777
taxamidt.dk
Free credit report Annual report

Company information

Official name
TAXA MIDT F.M.B.A.
Personnel
14 persons
Established
1938
Industry

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 6.6 mDKK in 2024, demonstrating a growth of 7.1 % compared to the previous year. The operating profit percentage was at 4.8 % (EBIT: 0.3 mDKK), while net earnings were 331.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak but Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 49.9 %, 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 1.9 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales6 446.435 509.335 825.836 176.816 612.81
Gross profit4 760.233 966.984 166.154 114.764 288.65
EBIT621.38-17.10225.96460.32318.84
Net earnings593.96-50.76192.49461.31331.16
Shareholders equity total3 616.543 627.044 028.434 732.765 283.92
Balance sheet total (assets)7 564.518 402.4510 071.069 936.6810 583.35
Net debt384.51-1 657.92- 398.83-1 867.31-2 627.14
Profitability
EBIT-%9.6 %-0.3 %3.9 %7.5 %4.8 %
ROA7.9 %-0.2 %2.4 %4.6 %3.2 %
ROE18.1 %-1.4 %5.0 %10.5 %6.6 %
ROI9.2 %-0.3 %2.9 %5.3 %3.7 %
Economic value added (EVA)271.27- 329.63- 124.7256.73- 139.03
Solvency
Equity ratio47.8 %43.2 %40.0 %47.6 %49.9 %
Gearing72.0 %92.4 %99.4 %92.5 %70.8 %
Relative net indebtedness %26.8 %-4.3 %28.2 %-16.9 %-16.2 %
Liquidity
Quick ratio1.91.71.61.81.9
Current ratio1.91.71.61.81.9
Cash and cash equivalents2 218.365 009.644 402.106 246.496 368.99
Capital use efficiency
Trade debtors turnover (days)223.5150.0292.9162.3182.2
Net working capital %46.0 %55.0 %62.3 %64.2 %71.5 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:3.23%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.9%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Chairman of the board

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