MIDTJYSKE JERNBANER DRIFT A/S — Credit Rating and Financial Key Figures

CVR number: 31485460
Banegårdsvej 2, 7620 Lemvig
tel: 97823222
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Company information

Official name
MIDTJYSKE JERNBANER DRIFT A/S
Personnel
95 persons
Established
2008
Company form
Limited company
Industry

About MIDTJYSKE JERNBANER DRIFT A/S

MIDTJYSKE JERNBANER DRIFT A/S (CVR number: 31485460) is a company from LEMVIG. The company recorded a gross profit of 58.9 mDKK in 2024. The operating profit was 6376.8 kDKK, while net earnings were 6468.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.7 %, which can be considered good but Return on Equity (ROE) was 23.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.2 %, 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. MIDTJYSKE JERNBANER DRIFT A/S's liquidity measured by quick ratio was 2 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 profit18 995.1135 575.8338 902.2347 548.0658 903.17
EBIT1 275.014 490.01- 440.331 765.566 376.78
Net earnings1 171.964 420.94- 253.072 425.786 468.58
Shareholders equity total17 444.6121 865.5521 612.4924 038.2730 506.84
Balance sheet total (assets)36 471.1638 828.6134 938.5039 396.0355 283.93
Net debt- 944.32-3 559.02- 853.61- 325.846 246.16
Profitability
EBIT-%
ROA3.9 %12.0 %-0.6 %6.5 %13.7 %
ROE7.0 %22.5 %-1.2 %10.6 %23.7 %
ROI5.6 %20.3 %-1.0 %10.6 %20.2 %
Economic value added (EVA)-6.253 558.12-1 662.40679.105 168.86
Solvency
Equity ratio47.8 %56.3 %61.9 %61.0 %55.2 %
Gearing6.3 %8.8 %0.0 %23.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.41.51.52.0
Current ratio1.31.61.71.72.1
Cash and cash equivalents2 044.925 482.63862.20325.841 000.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:13.7%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.2%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member

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