MIDTJYSK BLIK ApS — Credit Rating and Financial Key Figures

CVR number: 34218749
Østerbrogade 31, Sønderby 7200 Grindsted

Company information

Official name
MIDTJYSK BLIK ApS
Personnel
16 persons
Established
2012
Domicile
Sønderby
Company form
Private limited company
Industry

About MIDTJYSK BLIK ApS

MIDTJYSK BLIK ApS (CVR number: 34218749) is a company from BILLUND. The company recorded a gross profit of 8353 kDKK in 2024. The operating profit was 2088 kDKK, while net earnings were 1622.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.8 %, which can be considered excellent and Return on Equity (ROE) was 31.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.5 %, 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. MIDTJYSK BLIK ApS's liquidity measured by quick ratio was 2.8 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 profit7 212.098 987.259 283.578 495.518 353.01
EBIT2 437.153 554.243 147.881 705.402 088.05
Net earnings1 895.192 760.062 436.991 312.301 622.68
Shareholders equity total3 144.854 404.914 841.904 654.205 776.88
Balance sheet total (assets)6 474.689 555.698 124.146 953.187 547.85
Net debt-3 217.85672.20-1 203.63- 919.82-2 355.70
Profitability
EBIT-%
ROA49.0 %44.4 %35.6 %22.6 %28.8 %
ROE70.3 %73.1 %52.7 %27.6 %31.1 %
ROI89.0 %84.8 %59.1 %32.0 %38.0 %
Economic value added (EVA)1 843.602 767.252 231.501 176.941 469.01
Solvency
Equity ratio48.6 %51.7 %64.0 %66.9 %76.5 %
Gearing16.3 %11.6 %11.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.51.61.62.8
Current ratio1.61.51.92.33.5
Cash and cash equivalents3 217.8545.631 767.361 454.142 355.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:28.8%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.5%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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