MIDT VENTILATION ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 873.29 | 5 430.86 | 7 018.40 | 7 680.65 | 4 157.47 |
EBIT | 1 195.28 | 2 607.35 | 2 807.53 | 2 674.59 | - 523.29 |
Net earnings | 930.16 | 2 036.63 | 2 174.53 | 2 083.74 | - 511.80 |
Shareholders equity total | 2 680.16 | 4 116.79 | 4 991.31 | 6 075.05 | 4 563.25 |
Balance sheet total (assets) | 5 853.34 | 6 667.19 | 13 919.72 | 11 934.87 | 9 330.38 |
Net debt | - 670.05 | - 883.94 | 1 132.41 | -2 979.42 | 824.99 |
Profitability | |||||
EBIT-% | |||||
ROA | 27.2 % | 41.8 % | 27.3 % | 20.7 % | -4.9 % |
ROE | 39.3 % | 59.9 % | 47.7 % | 37.7 % | -9.6 % |
ROI | 44.9 % | 65.2 % | 46.1 % | 37.2 % | -8.0 % |
Economic value added (EVA) | 819.13 | 1 894.09 | 1 977.23 | 1 717.04 | - 779.77 |
Solvency | |||||
Equity ratio | 45.2 % | 60.8 % | 35.9 % | 51.1 % | 49.7 % |
Gearing | 22.9 % | 1.7 % | 18.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 2.5 | 1.3 | 1.7 | 1.3 |
Current ratio | 2.1 | 3.5 | 1.5 | 1.9 | 1.5 |
Cash and cash equivalents | 670.05 | 883.94 | 10.00 | 3 081.47 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | BBB |
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