Midtjysk Brandrådgivning ApS — Credit Rating and Financial Key Figures

CVR number: 41797983
Lillelundvej 35, 7400 Herning
lk@mjbrand.dk
tel: 25244541
mjbrand.dk

Credit rating

Company information

Official name
Midtjysk Brandrådgivning ApS
Personnel
2 persons
Established
2020
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About Midtjysk Brandrådgivning ApS

Midtjysk Brandrådgivning ApS (CVR number: 41797983) is a company from HERNING. The company recorded a gross profit of 897.9 kDKK in 2023. The operating profit was 22.6 kDKK, while net earnings were 17.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 54.2 %, 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 Brandrådgivning ApS's liquidity measured by quick ratio was 3.2 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
202120222023
Volume
Net sales
Gross profit295.071 078.28897.90
EBIT89.97244.6222.64
Net earnings66.64186.1217.52
Shareholders equity total106.64346.08303.60
Balance sheet total (assets)323.77557.40694.11
Net debt- 176.99- 136.79- 177.53
Profitability
EBIT-%
ROA27.8 %55.5 %3.6 %
ROE62.5 %82.2 %5.4 %
ROI49.4 %80.7 %5.9 %
Economic value added (EVA)67.75194.007.12
Solvency
Equity ratio38.3 %62.1 %54.2 %
Gearing50.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.14.23.2
Current ratio1.64.22.0
Cash and cash equivalents230.52136.79177.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:3.62%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.2%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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