Midtjysk Gulventreprise ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Midtjysk Gulventreprise ApS
Midtjysk Gulventreprise ApS (CVR number: 42507571) is a company from IKAST-BRANDE. The company recorded a gross profit of 2469.7 kDKK in 2024. The operating profit was -78 kDKK, while net earnings were -117.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -11.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.6 %, 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 Gulventreprise ApS's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 1 617.74 | 1 147.57 | 2 551.34 | 2 469.73 |
EBIT | 231.94 | 120.73 | 423.01 | -77.96 |
Net earnings | 166.22 | 87.76 | 282.98 | - 117.34 |
Shareholders equity total | 868.29 | 841.65 | 1 124.63 | 885.29 |
Balance sheet total (assets) | 1 606.60 | 1 187.39 | 2 534.14 | 2 421.84 |
Net debt | - 873.31 | - 105.65 | - 430.78 | 393.94 |
Profitability | ||||
EBIT-% | ||||
ROA | 14.4 % | 8.6 % | 22.7 % | -3.1 % |
ROE | 19.1 % | 10.3 % | 28.8 % | -11.7 % |
ROI | 24.0 % | 12.7 % | 39.6 % | -6.1 % |
Economic value added (EVA) | 185.73 | 45.68 | 281.25 | - 124.01 |
Solvency | ||||
Equity ratio | 54.0 % | 70.9 % | 44.4 % | 36.6 % |
Gearing | 44.5 % | |||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.4 | 1.4 | 1.4 | 1.3 |
Current ratio | 1.7 | 2.8 | 1.6 | 1.4 |
Cash and cash equivalents | 873.31 | 105.65 | 430.78 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BBB | BBB | BBB |
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