MIDTJYSK MASKINMONTERING ApS

CVR number: 28654219
Højvangsalle 20, 6800 Varde

Credit rating

Company information

Official name
MIDTJYSK MASKINMONTERING ApS
Personnel
6 persons
Established
2006
Company form
Private limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About MIDTJYSK MASKINMONTERING ApS

MIDTJYSK MASKINMONTERING ApS (CVR number: 28654219) is a company from VARDE. The company recorded a gross profit of 4882.4 kDKK in 2023. The operating profit was 671.6 kDKK, while net earnings were 521.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22 %, which can be considered excellent and Return on Equity (ROE) was 29.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MIDTJYSK MASKINMONTERING ApS's liquidity measured by quick ratio was 1.8 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
20192020202120222023
Volume
Net sales
Gross profit3 510.314 528.855 221.415 375.384 882.41
EBIT511.081 138.79464.931 410.53671.62
Net earnings393.20885.46379.971 124.78521.84
Shareholders equity total790.171 375.631 255.612 030.391 552.23
Balance sheet total (assets)2 058.023 470.522 714.993 674.352 480.72
Net debt310.810.16- 223.88-1 101.38- 687.91
Profitability
EBIT-%
ROA26.5 %41.4 %16.0 %45.2 %22.0 %
ROE44.0 %81.8 %28.9 %68.5 %29.1 %
ROI48.2 %90.9 %37.1 %87.7 %36.8 %
Economic value added (EVA)371.75848.50292.871 050.06474.41
Solvency
Equity ratio38.4 %39.6 %46.2 %55.3 %62.6 %
Gearing39.3 %0.0 %6.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.21.31.71.8
Current ratio1.11.31.41.82.0
Cash and cash equivalents223.881 101.38788.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:22.0%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.6%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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