MIDTDJURS TRAKTORLAGER A/S

CVR number: 26725305
Tøstrupvej 50, Nimtofte Mrk 8581 Nimtofte
tel: 86398588

Credit rating

Company information

Official name
MIDTDJURS TRAKTORLAGER A/S
Personnel
30 persons
Established
2002
Domicile
Nimtofte Mrk
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

MIDTDJURS TRAKTORLAGER A/S (CVR number: 26725305) is a company from SYDDJURS. The company recorded a gross profit of 11.3 mDKK in 2023. The operating profit was 347.5 kDKK, while net earnings were -627.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -2.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MIDTDJURS TRAKTORLAGER A/S's liquidity measured by quick ratio was 0.1 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
20192020202120222023
Volume
Net sales
Gross profit10 603.7413 876.3714 571.4914 358.3511 302.71
EBIT500.503 057.472 325.392 043.15347.48
Net earnings- 205.191 941.921 364.421 091.60- 627.46
Shareholders equity total22 257.5823 867.7024 893.1225 641.5224 660.66
Balance sheet total (assets)42 394.8740 649.8543 552.9353 864.4060 021.89
Net debt11 982.676 961.078 191.777 230.4313 337.70
Profitability
EBIT-%
ROA1.3 %7.5 %5.7 %4.3 %0.7 %
ROE-0.9 %8.4 %5.6 %4.3 %-2.5 %
ROI1.6 %9.1 %7.0 %6.0 %1.0 %
Economic value added (EVA)-1 040.011 005.89373.33225.87-1 217.75
Solvency
Equity ratio52.5 %58.7 %57.6 %48.1 %41.1 %
Gearing54.0 %29.3 %33.1 %28.4 %54.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.60.50.40.1
Current ratio2.02.62.41.71.5
Cash and cash equivalents41.2130.8637.4439.9439.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAAABBB

Variable visualization

ROA:0.69%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.1%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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