MIDT-TRANS ApS — Credit Rating and Financial Key Figures

CVR number: 28861303
Hvidmosevej 2, Simmelkær 7451 Sunds

Credit rating

Company information

Official name
MIDT-TRANS ApS
Personnel
10 persons
Established
2005
Domicile
Simmelkær
Company form
Private limited company
Industry

About MIDT-TRANS ApS

MIDT-TRANS ApS (CVR number: 28861303) is a company from HERNING. The company recorded a gross profit of 4321.4 kDKK in 2024. The operating profit was 198.3 kDKK, while net earnings were 166.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 52.8 %, 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-TRANS ApS's liquidity measured by quick ratio was 1.9 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 profit2 590.203 375.794 034.773 593.524 321.41
EBIT254.03305.98450.669.34198.29
Net earnings207.65251.93364.4918.09166.35
Shareholders equity total1 218.921 470.851 722.341 622.631 788.98
Balance sheet total (assets)2 633.162 840.853 235.193 056.723 385.75
Net debt- 746.34- 331.44- 483.73- 308.23- 407.15
Profitability
EBIT-%
ROA11.6 %11.9 %15.6 %1.2 %7.0 %
ROE18.6 %18.7 %22.8 %1.1 %9.8 %
ROI22.5 %22.1 %26.4 %1.9 %10.7 %
Economic value added (EVA)170.11216.00294.57-51.3497.34
Solvency
Equity ratio46.3 %51.8 %53.2 %53.1 %52.8 %
Gearing5.0 %11.1 %10.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.61.81.81.9
Current ratio1.71.71.81.91.9
Cash and cash equivalents746.34331.44570.22488.72597.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.98%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.8%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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