MIDTJYSK ERHVERVSKØRESKOLE OG UDDANNELSESCENTER ApS — Credit Rating and Financial Key Figures

CVR number: 35667725
Mysundevej 4, 8930 Randers NØ
kontor@m-e-k.dk
tel: 52237979
www.m-e-k.dk

Credit rating

Company information

Official name
MIDTJYSK ERHVERVSKØRESKOLE OG UDDANNELSESCENTER ApS
Personnel
8 persons
Established
2014
Company form
Private limited company
Industry
  • Expand more icon85Education

About MIDTJYSK ERHVERVSKØRESKOLE OG UDDANNELSESCENTER ApS

MIDTJYSK ERHVERVSKØRESKOLE OG UDDANNELSESCENTER ApS (CVR number: 35667725) is a company from RANDERS. The company recorded a gross profit of 3155.1 kDKK in 2023. The operating profit was 647.2 kDKK, while net earnings were 479.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.7 %, which can be considered excellent and Return on Equity (ROE) was 54.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.1 %, 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 ERHVERVSKØRESKOLE OG UDDANNELSESCENTER 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 profit673.121 507.123 216.032 348.693 155.14
EBIT121.2341.97822.59- 453.38647.17
Net earnings63.31-35.94590.57- 373.18479.51
Shareholders equity total453.21417.271 007.84634.671 114.18
Balance sheet total (assets)1 136.221 333.981 782.031 400.192 224.98
Net debt76.01- 342.7039.48- 320.83- 492.68
Profitability
EBIT-%
ROA14.1 %3.4 %52.8 %-28.5 %35.7 %
ROE15.0 %-8.3 %82.9 %-45.4 %54.8 %
ROI22.2 %6.5 %88.7 %-45.8 %69.6 %
Economic value added (EVA)67.685.54634.37- 406.49487.14
Solvency
Equity ratio39.9 %31.3 %56.6 %45.3 %50.1 %
Gearing51.7 %42.3 %8.1 %6.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.02.31.41.4
Current ratio2.01.02.31.41.9
Cash and cash equivalents158.46519.1242.33362.96492.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBA

Variable visualization

ROA:35.7%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.1%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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