MIDTJYSK DÆK & SERVICECENTER ApS — Credit Rating and Financial Key Figures

CVR number: 31424704
Taksvej 18, 7400 Herning
lars@midtjyskdaek.dk
tel: 30877877
www.midtjyskdaek.dk

Company information

Official name
MIDTJYSK DÆK & SERVICECENTER ApS
Personnel
9 persons
Established
2008
Company form
Private limited company
Industry

About MIDTJYSK DÆK & SERVICECENTER ApS

MIDTJYSK DÆK & SERVICECENTER ApS (CVR number: 31424704) is a company from HERNING. The company recorded a gross profit of 2621 kDKK in 2023. The operating profit was 821.6 kDKK, while net earnings were 636.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.8 %, which can be considered excellent and Return on Equity (ROE) was 40.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.3 %, 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. MIDTJYSK DÆK & SERVICECENTER ApS's liquidity measured by quick ratio was 1.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 013.411 568.581 753.451 893.332 620.96
EBIT272.85- 121.96132.37563.27821.60
Net earnings209.66- 114.0297.39425.70636.33
Shareholders equity total847.02733.00830.391 256.091 892.42
Balance sheet total (assets)2 345.122 251.762 219.142 854.263 761.25
Net debt250.46358.14188.3384.43- 473.01
Profitability
EBIT-%
ROA12.5 %-5.3 %5.9 %22.2 %24.8 %
ROE28.2 %-14.4 %12.5 %40.8 %40.4 %
ROI20.1 %-8.4 %10.2 %35.4 %36.8 %
Economic value added (EVA)187.80- 131.3372.78410.17603.30
Solvency
Equity ratio36.1 %32.6 %37.4 %44.0 %50.3 %
Gearing86.8 %78.0 %54.8 %50.7 %35.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.80.91.31.7
Current ratio1.21.01.21.41.8
Cash and cash equivalents485.15213.89266.47552.271 148.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAAA

Variable visualization

ROA:24.8%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.3%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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