Midt Nord VVS ApS — Credit Rating and Financial Key Figures

CVR number: 37127973
Hallundvej 287, 9700 Brønderslev
caspar_90@hotmail.com
Free credit report Annual report

Credit rating

Company information

Official name
Midt Nord VVS ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry

About Midt Nord VVS ApS

Midt Nord VVS ApS (CVR number: 37127973) is a company from Brønderslev. The company recorded a gross profit of 421.8 kDKK in 2024. The operating profit was -10.4 kDKK, while net earnings were -19 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -3.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.1 %, 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. Midt Nord VVS ApS's liquidity measured by quick ratio was 1.9 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 profit411.59444.28552.33860.92421.82
EBIT9.7032.7593.74433.90-10.42
Net earnings0.6122.5072.83336.98-19.04
Shareholders equity total88.61111.12183.95520.93501.89
Balance sheet total (assets)458.37389.54485.31943.051 022.44
Net debt28.81-24.67-39.10- 621.15- 309.23
Profitability
EBIT-%
ROA2.6 %7.7 %21.4 %60.8 %-0.9 %
ROE0.7 %22.5 %49.4 %95.6 %-3.7 %
ROI7.6 %28.7 %63.5 %123.1 %-1.8 %
Economic value added (EVA)0.0417.4267.82327.67-33.58
Solvency
Equity ratio19.3 %28.5 %37.9 %55.2 %49.1 %
Gearing32.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.21.52.21.9
Current ratio1.21.31.52.21.9
Cash and cash equivalents24.6739.10621.15309.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-0.95%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.1%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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