Midtjysk Industrisalg ApS — Credit Rating and Financial Key Figures

CVR number: 39135485
Nørremarksvej 2 A, 6880 Tarm

Credit rating

Company information

Official name
Midtjysk Industrisalg ApS
Personnel
5 persons
Established
2017
Company form
Private limited company
Industry
  • Expand more icon468400

About Midtjysk Industrisalg ApS

Midtjysk Industrisalg ApS (CVR number: 39135485) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 2158.8 kDKK in 2024. The operating profit was 310.1 kDKK, while net earnings were 61.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -3.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Midtjysk Industrisalg ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit287.111 074.711 704.061 973.892 158.80
EBIT- 354.02- 378.38201.55191.24310.12
Net earnings- 282.59- 328.5378.7930.9061.17
Shareholders equity total-91.11- 419.64- 340.85- 309.95- 248.78
Balance sheet total (assets)1 937.373 367.974 798.626 007.716 554.93
Net debt838.482 025.063 684.744 051.874 869.10
Profitability
EBIT-%
ROA-31.8 %-13.0 %5.1 %3.8 %5.1 %
ROE-26.5 %-12.4 %1.9 %0.6 %1.0 %
ROI-68.7 %-26.4 %7.9 %5.6 %7.4 %
Economic value added (EVA)- 274.99- 292.44167.26167.50252.61
Solvency
Equity ratio-4.5 %-11.1 %-6.6 %-4.9 %-3.7 %
Gearing-920.3 %-483.5 %-1083.1 %-1309.9 %-1972.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.20.20.2
Current ratio1.00.90.90.90.9
Cash and cash equivalents4.057.108.2239.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:5.09%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-3.66%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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