Midtjysk Bolig ApS — Credit Rating and Financial Key Figures

CVR number: 43296191
Grønborgparken 19, 7323 Give
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tel: 60383014

Credit rating

Company information

Official name
Midtjysk Bolig ApS
Established
2022
Company form
Private limited company
Industry

About Midtjysk Bolig ApS

Midtjysk Bolig ApS (CVR number: 43296191) is a company from VEJLE. The company recorded a gross profit of 600.5 kDKK in 2024. The operating profit was 583.6 kDKK, while net earnings were 408.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.8 %, which can be considered excellent and Return on Equity (ROE) was 49.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 3.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Midtjysk Bolig 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
2022
2023
2024
Volume
Net sales
Gross profit-64.7431.13600.52
EBIT-66.7116.32583.55
Net earnings-70.04-42.15408.07
Shareholders equity total-30.04-72.1965.88
Balance sheet total (assets)1 381.841 588.972 007.72
Net debt1 323.261 460.591 299.30
Profitability
EBIT-%
ROA-4.7 %1.1 %31.8 %
ROE-5.1 %-2.8 %49.3 %
ROI-4.2 %1.0 %31.0 %
Economic value added (EVA)-53.03-56.18414.42
Solvency
Equity ratio-2.1 %-4.3 %3.3 %
Gearing-4667.0 %-2062.3 %2323.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.80.31.0
Current ratio1.80.31.2
Cash and cash equivalents78.6228.17231.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:31.8%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.28%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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