MIDTJYDSK SKOLE- OG KULTURFOND — Credit Rating and Financial Key Figures

CVR number: 52035910
Birk Centerpark 3, Birk 7400 Herning

Company information

Official name
MIDTJYDSK SKOLE- OG KULTURFOND
Personnel
2 persons
Established
1975
Domicile
Birk
Industry

About MIDTJYDSK SKOLE- OG KULTURFOND

MIDTJYDSK SKOLE- OG KULTURFOND (CVR number: 52035910) is a company from HERNING. The company recorded a gross profit of 1646.2 kDKK in 2023. The operating profit was 1438.9 kDKK, while net earnings were 2225 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good and Return on Equity (ROE) was 11.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIDTJYDSK SKOLE- OG KULTURFOND's liquidity measured by quick ratio was 10 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 265.381 191.081 534.79848.371 646.25
EBIT1 054.03991.281 332.95633.171 438.87
Net earnings1 128.961 056.771 355.68- 417.412 224.96
Shareholders equity total18 109.3418 328.1119 263.7818 256.3720 051.33
Balance sheet total (assets)18 705.3319 553.4520 610.0019 917.1621 512.98
Net debt-10 976.31-12 555.86-13 494.71-12 325.91-13 566.95
Profitability
EBIT-%
ROA6.1 %5.7 %6.9 %3.5 %10.7 %
ROE6.4 %5.8 %7.2 %-2.2 %11.6 %
ROI6.5 %5.9 %7.4 %3.7 %11.6 %
Economic value added (EVA)184.9481.29411.96- 334.83521.49
Solvency
Equity ratio96.8 %93.7 %93.5 %91.7 %93.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio20.310.610.57.910.0
Current ratio20.310.610.57.910.0
Cash and cash equivalents10 976.3112 555.8613 494.7112 325.9113 566.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:10.7%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.2%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board
Board member

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