Midtjysk Inventar ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Midtjysk Inventar ApS
Midtjysk Inventar ApS (CVR number: 37524026) is a company from VIBORG. The company recorded a gross profit of 294.7 kDKK in 2024. The operating profit was -73.6 kDKK, while net earnings were -55 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.9 %, which can be considered poor and Return on Equity (ROE) was -18.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.2 %, 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. Midtjysk Inventar ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 16.12 | -6.52 | 119.83 | 13.75 | 294.71 |
EBIT | 7.62 | -15.02 | 114.87 | 13.75 | -73.64 |
Net earnings | 5.92 | -15.09 | 94.77 | 17.49 | -54.97 |
Shareholders equity total | 228.89 | 213.80 | 308.56 | 326.05 | 271.08 |
Balance sheet total (assets) | 334.27 | 432.63 | 457.97 | 495.47 | 550.44 |
Net debt | - 264.87 | - 190.96 | - 197.39 | - 134.89 | - 312.12 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.1 % | -3.9 % | 26.6 % | 4.8 % | -12.9 % |
ROE | 2.6 % | -6.8 % | 36.3 % | 5.5 % | -18.4 % |
ROI | 3.4 % | -6.8 % | 44.9 % | 7.0 % | -19.8 % |
Economic value added (EVA) | -5.29 | -26.52 | 81.86 | -5.07 | -75.28 |
Solvency | |||||
Equity ratio | 68.5 % | 77.7 % | 67.4 % | 65.8 % | 49.2 % |
Gearing | 1.8 % | 3.3 % | 27.4 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.0 | 7.0 | 3.1 | 2.9 | 1.7 |
Current ratio | 3.0 | 2.0 | 3.1 | 2.9 | 1.7 |
Cash and cash equivalents | 264.87 | 190.96 | 202.86 | 145.68 | 386.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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