MIDTKOM ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIDTKOM ApS
MIDTKOM ApS (CVR number: 30234138) is a company from VIBORG. The company recorded a gross profit of 2921.4 kDKK in 2023. The operating profit was 720.2 kDKK, while net earnings were 491.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.3 %, which can be considered excellent and Return on Equity (ROE) was 22.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MIDTKOM ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 349.98 | 1 763.70 | 2 495.17 | 2 975.07 | 2 921.39 |
EBIT | 539.55 | -44.39 | 375.94 | 655.59 | 720.24 |
Net earnings | 375.03 | -92.75 | 221.99 | 422.97 | 491.37 |
Shareholders equity total | 1 954.85 | 1 762.10 | 1 884.09 | 2 107.06 | 2 298.43 |
Balance sheet total (assets) | 3 616.21 | 3 477.57 | 3 420.88 | 3 725.79 | 3 826.64 |
Net debt | 479.73 | 851.10 | 613.67 | 757.81 | 470.04 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.5 % | -1.3 % | 10.9 % | 18.3 % | 19.3 % |
ROE | 20.1 % | -5.0 % | 12.2 % | 21.2 % | 22.3 % |
ROI | 21.1 % | -1.7 % | 14.5 % | 23.9 % | 25.0 % |
Economic value added (EVA) | 331.88 | - 121.05 | 203.32 | 417.28 | 457.80 |
Solvency | |||||
Equity ratio | 54.1 % | 50.7 % | 55.1 % | 56.6 % | 60.1 % |
Gearing | 37.1 % | 49.9 % | 34.6 % | 39.6 % | 22.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.4 | 0.6 | 0.4 | 0.6 |
Current ratio | 2.1 | 1.9 | 2.1 | 2.3 | 2.6 |
Cash and cash equivalents | 245.67 | 27.76 | 38.09 | 76.77 | 51.06 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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