Midtjysk VVS ApS — Credit Rating and Financial Key Figures

CVR number: 78117915
Randersvej 185, Lime 8544 Mørke
kontakt@abklima.dk
tel: 24264446
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Credit rating

Company information

Official name
Midtjysk VVS ApS
Personnel
2 persons
Established
1985
Domicile
Lime
Company form
Private limited company
Industry

About Midtjysk VVS ApS

Midtjysk VVS ApS (CVR number: 78117915) is a company from SYDDJURS. The company recorded a gross profit of 410.3 kDKK in 2024. The operating profit was 158.7 kDKK, while net earnings were 115.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.8 %, which can be considered excellent and Return on Equity (ROE) was 40.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.7 %, 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 VVS ApS's liquidity measured by quick ratio was 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-4.0385.85515.92199.08410.33
EBIT-4.0380.85141.35-26.45158.66
Net earnings8.7182.16167.55-26.79115.13
Shareholders equity total2.4584.61252.16225.37340.50
Balance sheet total (assets)23.80141.96449.21490.89654.79
Net debt-9.33-62.07- 322.20- 307.70- 269.11
Profitability
EBIT-%
ROA-18.9 %97.6 %48.0 %-5.3 %27.8 %
ROE115.9 %188.7 %99.5 %-11.2 %40.7 %
ROI-329.0 %145.4 %76.8 %-10.2 %55.7 %
Economic value added (EVA)-3.7284.80164.58-34.60110.09
Solvency
Equity ratio10.3 %59.6 %56.1 %46.8 %52.7 %
Gearing28.6 %3.2 %2.1 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.12.11.91.42.0
Current ratio1.12.11.91.42.1
Cash and cash equivalents9.3386.25330.27312.46270.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:27.8%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.7%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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