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MIDTVEST IT A/S — Credit Rating and Financial Key Figures

CVR number: 31185653
Guldborgvej 3, 7400 Herning
mail@midtvest-it.dk
tel: 70231133
Free credit report Annual report

Credit rating

Company information

Official name
MIDTVEST IT A/S
Personnel
6 persons
Established
2008
Company form
Limited company
Industry

About MIDTVEST IT A/S

MIDTVEST IT A/S (CVR number: 31185653) is a company from HERNING. The company recorded a gross profit of 2095.4 kDKK in 2025. The operating profit was 1542 kDKK, while net earnings were 1230.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32 %, which can be considered excellent and Return on Equity (ROE) was 61.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.6 %, 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. MIDTVEST IT A/S's liquidity measured by quick ratio was 1.6 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit1 417.001 012.001 089.001 450.002 095.36
EBIT1 009.00470.00634.00917.001 541.99
Net earnings802.00263.00544.00782.001 230.48
Shareholders equity total1 801.001 263.001 541.001 782.002 231.67
Balance sheet total (assets)4 711.003 735.004 279.004 530.005 365.09
Net debt-2 446.00-2 582.00-3 117.00-3 433.00-4 155.84
Profitability
EBIT-%
ROA23.3 %12.0 %17.4 %22.8 %32.0 %
ROE43.5 %17.2 %38.8 %47.1 %61.3 %
ROI55.9 %32.6 %49.5 %60.4 %78.2 %
Economic value added (EVA)690.38270.99429.24635.791 110.85
Solvency
Equity ratio38.2 %33.8 %36.0 %39.3 %41.6 %
Gearing0.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.41.41.61.6
Current ratio1.51.41.51.61.6
Cash and cash equivalents2 447.002 582.003 117.003 433.004 155.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:32.0%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:41.6%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
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Roles

Companies in the same industry

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