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
4 persons
Established
2006
Company form
Private limited company
Industry

About MIDTJYSK BAGERISERVICE ApS

MIDTJYSK BAGERISERVICE ApS (CVR number: 29609322) is a company from VIBORG. The company recorded a gross profit of 1908.5 kDKK in 2024. The operating profit was 77.7 kDKK, while net earnings were 131.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 27.4 %, 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 BAGERISERVICE 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 990.353 025.213 571.674 156.811 908.52
EBIT2 138.91844.891 027.601 994.9277.72
Net earnings1 963.49727.09677.441 641.83131.10
Shareholders equity total7 715.328 385.916 063.354 705.171 336.27
Balance sheet total (assets)8 281.088 633.726 881.376 619.454 874.96
Net debt-2 045.48-3 283.85-4 277.89-3 633.93- 300.95
Profitability
EBIT-%
ROA33.9 %11.1 %15.2 %31.2 %3.0 %
ROE29.0 %9.0 %9.4 %30.5 %4.3 %
ROI35.9 %11.6 %15.8 %34.1 %3.3 %
Economic value added (EVA)1 393.47268.68378.041 228.68- 234.31
Solvency
Equity ratio93.2 %97.1 %88.1 %71.1 %27.4 %
Gearing6.8 %24.2 %247.9 %
Relative net indebtedness %
Liquidity
Quick ratio9.437.27.73.11.2
Current ratio9.838.48.13.31.2
Cash and cash equivalents2 045.483 283.854 688.244 772.033 612.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:3.02%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.4%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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