VIS Midtjylland ApS — Credit Rating and Financial Key Figures

CVR number: 38411306
Dalgasgade 32 D, 7400 Herning
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Company information

Official name
VIS Midtjylland ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

About VIS Midtjylland ApS

VIS Midtjylland ApS (CVR number: 38411306) is a company from HERNING. The company recorded a gross profit of -76.6 kDKK in 2023. The operating profit was -100.1 kDKK, while net earnings were -90.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.8 %, which can be considered poor and Return on Equity (ROE) was -30.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.1 %, 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. VIS Midtjylland ApS's liquidity measured by quick ratio was 2.4 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 profit81.54121.57532.04-40.57-76.62
EBIT15.9572.09399.85-76.88- 100.12
Net earnings12.2755.36310.60-64.37-90.88
Shareholders equity total32.3695.36405.95341.58250.71
Balance sheet total (assets)238.55248.49692.31512.75347.77
Net debt115.684.75- 190.22-85.22-52.11
Profitability
EBIT-%
ROA10.8 %29.6 %85.0 %-12.8 %-22.8 %
ROE46.8 %86.7 %123.9 %-17.2 %-30.7 %
ROI15.0 %36.7 %108.6 %-17.6 %-33.1 %
Economic value added (EVA)14.6349.12306.61-72.42-94.22
Solvency
Equity ratio13.6 %38.4 %58.6 %66.6 %72.1 %
Gearing489.6 %100.4 %7.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.13.23.22.12.4
Current ratio2.13.23.72.63.1
Cash and cash equivalents42.7391.01220.2285.2252.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-22.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.1%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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