MIDTJYSKE EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 31620619
Thrigesvej 20 A, 7430 Ikast
post@lejher.dk
tel: 97252075

Company information

Official name
MIDTJYSKE EJENDOMME ApS
Established
2008
Company form
Private limited company
Industry

About MIDTJYSKE EJENDOMME ApS

MIDTJYSKE EJENDOMME ApS (CVR number: 31620619) is a company from IKAST-BRANDE. The company recorded a gross profit of 247.6 kDKK in 2023. The operating profit was 247.6 kDKK, while net earnings were 26.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 11.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MIDTJYSKE EJENDOMME ApS's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit302.81219.69215.08489.27247.57
EBIT302.81219.69684.70189.27247.57
Net earnings174.9599.24467.3935.9926.16
Shareholders equity total403.38502.62970.011 006.011 032.17
Balance sheet total (assets)6 450.007 430.387 936.507 619.538 640.00
Net debt5 883.946 737.266 598.056 275.597 296.48
Profitability
EBIT-%
ROA5.1 %3.2 %8.9 %2.4 %3.0 %
ROE55.4 %21.9 %63.5 %3.6 %2.6 %
ROI5.1 %3.2 %9.0 %2.5 %3.1 %
Economic value added (EVA)58.72-10.40351.93-51.40-6.67
Solvency
Equity ratio6.3 %6.8 %12.2 %13.2 %11.9 %
Gearing1458.7 %1340.4 %684.0 %625.8 %706.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.0
Current ratio0.00.0
Cash and cash equivalents36.5019.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.05%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.9%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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