MIDTJYSK FARVECENTER ApS

CVR number: 28111800
Hammershusvej 2 A, 7400 Herning

Credit rating

Company information

Official name
MIDTJYSK FARVECENTER ApS
Personnel
2 persons
Established
2004
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

MIDTJYSK FARVECENTER ApS (CVR number: 28111800) is a company from HERNING. The company recorded a gross profit of -144.1 kDKK in 2023. The operating profit was -454 kDKK, while net earnings were -443.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -43.9 %, which can be considered poor and Return on Equity (ROE) was -90.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MIDTJYSK FARVECENTER ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit738.381 705.58- 357.7258.92- 144.07
EBIT40.71988.44- 847.01- 223.65- 453.98
Net earnings4.19742.13- 857.56- 213.03- 443.52
Shareholders equity total1 298.031 990.151 032.59709.56266.04
Balance sheet total (assets)4 491.774 149.321 483.731 188.74807.02
Net debt1 379.67772.85-96.95- 253.81-6.05
Profitability
EBIT-%
ROA1.7 %23.6 %-29.9 %-15.7 %-43.9 %
ROE0.3 %45.1 %-56.7 %-24.5 %-90.9 %
ROI2.9 %37.3 %-42.8 %-20.9 %-70.2 %
Economic value added (EVA)-40.74706.15- 952.02- 270.67- 476.89
Solvency
Equity ratio28.9 %48.0 %69.6 %59.7 %33.0 %
Gearing107.9 %39.2 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.61.03.32.41.2
Current ratio1.31.84.12.91.5
Cash and cash equivalents21.527.9596.95253.817.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-43.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.0%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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