Midtvejs Leasing A/S — Credit Rating and Financial Key Figures

CVR number: 42474789
Bejstrupvej 182, Bejstrup 9690 Fjerritslev

Credit rating

Company information

Official name
Midtvejs Leasing A/S
Established
2021
Domicile
Bejstrup
Company form
Limited company
Industry

About Midtvejs Leasing A/S

Midtvejs Leasing A/S (CVR number: 42474789) is a company from JAMMERBUGT. The company recorded a gross profit of 341.5 kDKK in 2024. The operating profit was 307 kDKK, while net earnings were 28.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was 10.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 4.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Midtvejs Leasing A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit-23.8947.14194.18341.47
EBIT-23.8929.91162.45307.05
Net earnings-63.69-59.32-6.0928.84
Shareholders equity total336.31276.99270.89299.73
Balance sheet total (assets)2 977.952 575.305 012.746 576.24
Net debt-1 332.012 082.683 942.055 846.72
Profitability
EBIT-%
ROA-0.8 %1.1 %4.3 %5.3 %
ROE-18.9 %-19.3 %-2.2 %10.1 %
ROI-6.4 %2.2 %5.0 %6.0 %
Economic value added (EVA)-18.9612.538.1227.80
Solvency
Equity ratio11.3 %10.8 %5.4 %4.6 %
Gearing10.2 %751.9 %1455.2 %1950.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.20.40.2
Current ratio0.70.20.40.2
Cash and cash equivalents1 366.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:5.34%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.56%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board

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