MIDTJYSK BAGERISERVICE ApS — Credit Rating and Financial Key Figures

CVR number: 29609322
Elsborgvej 47, 8840 Rødkærsbro

Credit rating

Company information

Official name
MIDTJYSK BAGERISERVICE ApS
Personnel
5 persons
Established
2006
Company form
Private limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About MIDTJYSK BAGERISERVICE ApS

MIDTJYSK BAGERISERVICE ApS (CVR number: 29609322) is a company from VIBORG. The company recorded a gross profit of 4156.8 kDKK in 2023. The operating profit was 1994.9 kDKK, while net earnings were 1641.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.2 %, which can be considered excellent and Return on Equity (ROE) was 30.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.1 %, 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 BAGERISERVICE ApS's liquidity measured by quick ratio was 3.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 866.873 990.353 025.213 571.674 156.81
EBIT62.462 138.91844.891 027.601 994.92
Net earnings332.871 963.49727.09677.441 641.83
Shareholders equity total5 807.137 715.328 385.916 063.354 705.17
Balance sheet total (assets)6 175.798 281.088 633.726 881.376 619.45
Net debt-1 258.64-2 045.48-3 283.85-4 277.89-3 633.93
Profitability
EBIT-%
ROA6.3 %33.9 %11.1 %15.2 %31.2 %
ROE5.9 %29.0 %9.0 %9.4 %30.5 %
ROI6.6 %35.9 %11.6 %15.8 %34.1 %
Economic value added (EVA)51.641 682.00622.20667.471 486.83
Solvency
Equity ratio94.0 %93.2 %97.1 %88.1 %71.1 %
Gearing6.8 %24.2 %
Relative net indebtedness %
Liquidity
Quick ratio10.59.437.27.73.1
Current ratio11.39.838.48.13.3
Cash and cash equivalents1 258.642 045.483 283.854 688.244 772.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:31.2%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.1%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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