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MIDTJYSK FARVECENTER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIDTJYSK FARVECENTER ApS
MIDTJYSK FARVECENTER ApS (CVR number: 28111800) is a company from HERNING. The company recorded a gross profit of 140.8 kDKK in 2025. The operating profit was -138.1 kDKK, while net earnings were -153 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.2 %, which can be considered poor and Return on Equity (ROE) was -66.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.7 %, 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 1.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 357.72 | 58.92 | - 144.07 | 326.36 | 140.83 |
| EBIT | - 847.01 | - 223.65 | - 453.98 | 44.34 | - 138.12 |
| Net earnings | - 857.56 | - 213.03 | - 443.52 | 39.28 | - 152.97 |
| Shareholders equity total | 1 032.59 | 709.56 | 266.04 | 305.32 | 152.35 |
| Balance sheet total (assets) | 1 483.73 | 1 188.74 | 807.02 | 830.97 | 701.00 |
| Net debt | -96.95 | - 253.81 | -6.05 | - 292.40 | - 127.08 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -29.9 % | -15.7 % | -43.9 % | 5.5 % | -17.2 % |
| ROE | -56.7 % | -24.5 % | -90.9 % | 13.8 % | -66.8 % |
| ROI | -42.8 % | -20.9 % | -70.2 % | 10.5 % | -34.6 % |
| Economic value added (EVA) | - 991.65 | - 275.54 | - 489.64 | 30.88 | - 153.47 |
| Solvency | |||||
| Equity ratio | 69.6 % | 59.7 % | 33.0 % | 36.7 % | 21.7 % |
| Gearing | 0.7 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.3 | 2.4 | 1.2 | 1.4 | 1.1 |
| Current ratio | 4.1 | 2.9 | 1.5 | 1.7 | 1.4 |
| Cash and cash equivalents | 96.95 | 253.81 | 7.84 | 292.40 | 127.08 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | BB | B | BB | B |
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