K/S MIDTJYLLAND 2004 — Credit Rating and Financial Key Figures

CVR number: 28322879
Blokken 31, 3460 Birkerød
Elvarejendomme@gmail.com
tel: 25404581

Credit rating

Company information

Official name
K/S MIDTJYLLAND 2004
Established
2004
Company form
Limited partnership
Industry

About K/S MIDTJYLLAND 2004

K/S MIDTJYLLAND 2004 (CVR number: 28322879) is a company from RUDERSDAL. The company recorded a gross profit of 764.1 kDKK in 2024. The operating profit was 314.1 kDKK, while net earnings were -37.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak but Return on Equity (ROE) was -6.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 5.1 %, 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. K/S MIDTJYLLAND 2004's liquidity measured by quick ratio was 0.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit464.19355.911 306.85779.36764.13
EBIT464.19355.911 826.24779.36314.13
Net earnings249.33138.471 517.54597.75-37.78
Shareholders equity total-4 046.92-3 908.44-2 390.90606.85569.08
Balance sheet total (assets)11 859.3912 124.1911 558.5611 740.4111 244.66
Net debt14 734.4214 418.8312 825.899 887.679 744.66
Profitability
EBIT-%
ROA2.9 %2.2 %12.2 %6.1 %2.7 %
ROE2.1 %1.2 %12.8 %9.8 %-6.4 %
ROI3.0 %2.3 %12.6 %6.4 %2.9 %
Economic value added (EVA)-73.25- 194.621 268.75245.42- 230.02
Solvency
Equity ratio-25.4 %-24.4 %-17.1 %5.2 %5.1 %
Gearing-370.7 %-383.9 %-544.4 %1684.5 %1736.3 %
Relative net indebtedness %
Liquidity
Quick ratio3.21.10.40.60.6
Current ratio3.21.10.40.60.6
Cash and cash equivalents268.26583.85190.79334.50136.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:2.74%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.06%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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