MIDT VEST VVS ApS — Credit Rating and Financial Key Figures

CVR number: 12239807
Industriarealet 8, 6990 Ulfborg
tel: 97492391

Credit rating

Company information

Official name
MIDT VEST VVS ApS
Personnel
1 person
Established
1988
Company form
Private limited company
Industry

About MIDT VEST VVS ApS

MIDT VEST VVS ApS (CVR number: 12239807) is a company from HOLSTEBRO. The company recorded a gross profit of 1320.1 kDKK in 2024. The operating profit was 283.8 kDKK, while net earnings were 222.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, which can be considered excellent and Return on Equity (ROE) was 52.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MIDT VEST VVS ApS's liquidity measured by quick ratio was 1.2 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 profit1 009.581 341.811 557.651 311.501 320.09
EBIT300.75563.19500.91256.23283.78
Net earnings267.22453.03406.57200.04222.65
Shareholders equity total864.731 088.641 062.00410.04432.65
Balance sheet total (assets)1 672.262 159.181 639.561 893.931 393.43
Net debt- 758.30-1 073.00- 659.22- 885.56- 627.82
Profitability
EBIT-%
ROA19.0 %30.4 %27.5 %14.5 %17.4 %
ROE31.4 %46.4 %37.8 %27.2 %52.8 %
ROI31.9 %56.2 %45.8 %25.2 %40.8 %
Economic value added (EVA)170.27394.99329.82145.53172.22
Solvency
Equity ratio51.7 %50.4 %64.8 %21.7 %31.0 %
Gearing9.8 %0.0 %134.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.32.31.11.2
Current ratio1.31.42.31.11.3
Cash and cash equivalents758.301 179.93659.231 438.29627.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:17.4%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.0%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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