MIDTTHY EL ApS — Credit Rating and Financial Key Figures

CVR number: 30814282
Ved Parken 21, 7752 Snedsted

Credit rating

Company information

Official name
MIDTTHY EL ApS
Personnel
15 persons
Established
2007
Company form
Private limited company
Industry

About MIDTTHY EL ApS

MIDTTHY EL ApS (CVR number: 30814282) is a company from THISTED. The company recorded a gross profit of 6874.3 kDKK in 2024. The operating profit was 700.1 kDKK, while net earnings were 509.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent and Return on Equity (ROE) was 31.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.8 %, 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. MIDTTHY EL ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 414.625 838.316 246.677 180.456 874.27
EBIT1 336.17997.48665.541 131.53700.14
Net earnings1 005.63728.03473.30843.14509.65
Shareholders equity total1 405.631 333.661 156.971 800.111 459.76
Balance sheet total (assets)4 796.814 352.435 398.074 030.414 361.15
Net debt46.3968.92948.5285.18- 146.43
Profitability
EBIT-%
ROA31.2 %21.9 %13.6 %24.0 %16.8 %
ROE95.9 %53.2 %38.0 %57.0 %31.3 %
ROI52.5 %41.4 %31.2 %53.0 %41.5 %
Economic value added (EVA)993.96758.93460.72813.69451.25
Solvency
Equity ratio29.3 %30.6 %21.8 %45.0 %33.8 %
Gearing90.1 %28.8 %83.1 %7.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.10.91.41.0
Current ratio1.61.61.32.11.6
Cash and cash equivalents1 220.17315.5012.6850.66146.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:16.8%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.8%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

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