Midtjysk VVS ApS — Credit Rating and Financial Key Figures

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

Credit rating

Company information

Official name
Midtjysk VVS ApS
Personnel
1 person
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 199.1 kDKK in 2023. The operating profit was -26.4 kDKK, while net earnings were -26.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.3 %, which can be considered poor and Return on Equity (ROE) was -11.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.8 %, 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 1.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-3.77-4.0385.85515.92199.08
EBIT-7.54-4.0380.85141.35-26.45
Net earnings-5.938.7182.16167.55-26.79
Shareholders equity total-6.262.4584.61252.16225.37
Balance sheet total (assets)12.5923.80141.96449.21490.89
Net debt-10.88-9.33-62.07- 322.20- 307.70
Profitability
EBIT-%
ROA-44.5 %-18.9 %97.6 %48.0 %-5.3 %
ROE-43.4 %115.9 %188.7 %99.5 %-11.2 %
ROI-329.0 %145.4 %76.8 %-10.2 %
Economic value added (EVA)-5.78-3.1785.27170.13-17.60
Solvency
Equity ratio-33.2 %10.3 %59.6 %56.1 %46.8 %
Gearing28.6 %3.2 %2.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.12.11.91.4
Current ratio0.71.12.11.91.4
Cash and cash equivalents10.889.3386.25330.27312.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-5.30%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.8%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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