MIDTJYSK IT ApS — Credit Rating and Financial Key Figures

CVR number: 30494962
Stadion Alle 9, 8990 Fårup
info@midtjysk-it.dk
tel: 40783830

Company information

Official name
MIDTJYSK IT ApS
Personnel
1 person
Established
2007
Company form
Private limited company
Industry

About MIDTJYSK IT ApS

MIDTJYSK IT ApS (CVR number: 30494962) is a company from RANDERS. The company recorded a gross profit of 639.4 kDKK in 2024. The operating profit was 203.7 kDKK, while net earnings were 154.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.3 %, which can be considered excellent and Return on Equity (ROE) was 25.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.4 %, 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 IT ApS's liquidity measured by quick ratio was 4.6 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 profit527.75449.85538.92594.54639.38
EBIT109.198.5837.39139.43203.72
Net earnings85.175.7827.64107.46154.87
Shareholders equity total439.23445.01472.65580.10617.17
Balance sheet total (assets)732.81603.66548.93712.54840.26
Net debt- 539.56- 451.75- 431.82- 546.21- 760.91
Profitability
EBIT-%
ROA17.4 %1.3 %6.5 %22.1 %26.3 %
ROE21.5 %1.3 %6.0 %20.4 %25.9 %
ROI27.5 %1.9 %8.1 %25.8 %32.3 %
Economic value added (EVA)87.3111.6229.49106.71157.11
Solvency
Equity ratio59.9 %73.7 %86.1 %81.4 %73.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.63.78.16.74.6
Current ratio2.63.78.16.74.6
Cash and cash equivalents539.56451.75431.82546.21760.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:26.3%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.4%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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