MIDT VENTILATION ApS — Credit Rating and Financial Key Figures

CVR number: 29537356
Rømersvej 19 B, 7430 Ikast
post@midtvent.dk
tel: 60760960
midtvent.dk

Credit rating

Company information

Official name
MIDT VENTILATION ApS
Personnel
9 persons
Established
2006
Company form
Private limited company
Industry

About MIDT VENTILATION ApS

MIDT VENTILATION ApS (CVR number: 29537356) is a company from IKAST-BRANDE. The company recorded a gross profit of 4157.5 kDKK in 2024. The operating profit was -523.3 kDKK, while net earnings were -511.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.9 %, which can be considered poor and Return on Equity (ROE) was -9.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.7 %, 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. MIDT VENTILATION ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit3 873.295 430.867 018.407 680.654 157.47
EBIT1 195.282 607.352 807.532 674.59- 523.29
Net earnings930.162 036.632 174.532 083.74- 511.80
Shareholders equity total2 680.164 116.794 991.316 075.054 563.25
Balance sheet total (assets)5 853.346 667.1913 919.7211 934.879 330.38
Net debt- 670.05- 883.941 132.41-2 979.42824.99
Profitability
EBIT-%
ROA27.2 %41.8 %27.3 %20.7 %-4.9 %
ROE39.3 %59.9 %47.7 %37.7 %-9.6 %
ROI44.9 %65.2 %46.1 %37.2 %-8.0 %
Economic value added (EVA)819.131 894.091 977.231 717.04- 779.77
Solvency
Equity ratio45.2 %60.8 %35.9 %51.1 %49.7 %
Gearing22.9 %1.7 %18.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.51.31.71.3
Current ratio2.13.51.51.91.5
Cash and cash equivalents670.05883.9410.003 081.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBABBB

Variable visualization

ROA:-4.92%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.7%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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