MIDT VENTILATION ApS — Credit Rating and Financial Key Figures

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

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 7680.7 kDKK in 2023. The operating profit was 2674.6 kDKK, while net earnings were 2083.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.7 %, which can be considered excellent and Return on Equity (ROE) was 37.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.1 %, 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 1.7 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 profit7 375.793 873.295 430.867 018.407 680.65
EBIT5 088.921 195.282 607.352 807.532 674.59
Net earnings4 882.61930.162 036.632 174.532 083.74
Shareholders equity total2 057.152 680.164 116.794 991.316 075.05
Balance sheet total (assets)3 031.665 853.346 667.1913 919.7211 934.87
Net debt- 659.68- 670.05- 883.941 132.41-2 979.42
Profitability
EBIT-%
ROA95.2 %27.2 %41.8 %27.3 %20.7 %
ROE141.6 %39.3 %59.9 %47.7 %37.7 %
ROI209.0 %44.9 %65.2 %46.1 %37.2 %
Economic value added (EVA)5 122.91854.801 931.522 026.671 835.41
Solvency
Equity ratio66.8 %45.2 %60.8 %35.9 %51.1 %
Gearing22.9 %1.7 %
Relative net indebtedness %
Liquidity
Quick ratio3.22.02.51.31.7
Current ratio3.62.13.51.51.9
Cash and cash equivalents659.68670.05883.9410.003 081.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:20.7%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.1%
Rating: 41/100
-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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