MIDTJYDSK ELEKTRO A/S — Credit Rating and Financial Key Figures

CVR number: 15217847
Rønnebærvej 4, 7400 Herning
mail@me.dk

Credit rating

Company information

Official name
MIDTJYDSK ELEKTRO A/S
Personnel
12 persons
Established
1991
Company form
Limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About MIDTJYDSK ELEKTRO A/S

MIDTJYDSK ELEKTRO A/S (CVR number: 15217847) is a company from HERNING. The company recorded a gross profit of 8524.6 kDKK in 2024. The operating profit was 1473.9 kDKK, while net earnings were 1089.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.5 %, which can be considered excellent and Return on Equity (ROE) was 17.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MIDTJYDSK ELEKTRO A/S's liquidity measured by quick ratio was 2.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 080.495 524.896 768.718 537.098 524.59
EBIT762.94957.651 486.441 854.191 473.90
Net earnings459.54625.111 036.851 305.691 089.67
Shareholders equity total1 166.751 541.862 328.705 945.906 635.57
Balance sheet total (assets)9 213.898 351.748 696.089 287.989 374.44
Net debt1 495.882 392.852 098.76-1 677.18- 474.79
Profitability
EBIT-%
ROA8.6 %10.9 %17.4 %20.6 %16.5 %
ROE43.3 %46.2 %53.6 %31.6 %17.3 %
ROI12.7 %16.6 %26.5 %31.3 %24.0 %
Economic value added (EVA)463.81659.73985.591 239.21815.38
Solvency
Equity ratio12.7 %18.5 %26.8 %64.0 %70.8 %
Gearing345.3 %223.7 %133.0 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.11.31.52.7
Current ratio1.51.61.82.13.4
Cash and cash equivalents2 533.221 056.54998.811 696.28474.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:16.5%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.8%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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