MIDT-VEST SERVICE CENTER A/S — Credit Rating and Financial Key Figures

CVR number: 10106613
Hedelandsvej 14, 7400 Herning

Credit rating

Company information

Official name
MIDT-VEST SERVICE CENTER A/S
Personnel
5 persons
Established
2002
Company form
Limited company
Industry
  • Expand more icon953190

About MIDT-VEST SERVICE CENTER A/S

MIDT-VEST SERVICE CENTER A/S (CVR number: 10106613) is a company from HERNING. The company recorded a gross profit of 4113.9 kDKK in 2023. The operating profit was 1848.4 kDKK, while net earnings were 1362.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.5 %, which can be considered excellent and Return on Equity (ROE) was 75.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.2 %, 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. MIDT-VEST SERVICE CENTER A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit3 021.693 650.913 469.643 374.994 113.93
EBIT954.341 585.171 357.331 350.261 848.40
Net earnings622.541 207.96973.94963.681 362.59
Shareholders equity total1 356.481 964.441 738.381 732.061 894.65
Balance sheet total (assets)4 958.525 064.934 748.984 649.644 713.16
Net debt2 327.80336.391 512.991 325.751 118.78
Profitability
EBIT-%
ROA18.1 %31.6 %27.7 %28.7 %39.5 %
ROE46.3 %72.7 %52.6 %55.5 %75.1 %
ROI21.5 %40.6 %34.4 %32.4 %45.2 %
Economic value added (EVA)646.441 223.771 018.72999.961 399.28
Solvency
Equity ratio27.4 %38.8 %36.6 %37.3 %40.2 %
Gearing184.2 %77.0 %127.7 %128.4 %100.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.70.60.60.7
Current ratio0.40.80.70.70.8
Cash and cash equivalents170.461 176.87706.87898.50793.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:39.5%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.2%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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