MIDTJYSK MASKINCENTER A/S
Credit rating
Company information
About MIDTJYSK MASKINCENTER A/S
MIDTJYSK MASKINCENTER A/S (CVR number: 27117961) is a company from VIBORG. The company recorded a gross profit of -12.2 kDKK in 2020. The operating profit was -12.2 kDKK, while net earnings were 9.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak and Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIDTJYSK MASKINCENTER A/S's liquidity measured by quick ratio was 20.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 19 826.93 | - 130.58 | -4.35 | -10.80 | -12.22 |
EBIT | 3 108.41 | 2 869.32 | 0.94 | -10.80 | -12.22 |
Net earnings | 2 089.64 | 2 225.62 | -10.51 | 7.14 | 9.72 |
Shareholders equity total | 14 416.45 | 3 742.07 | 521.56 | 528.70 | 538.42 |
Balance sheet total (assets) | 28 331.69 | 4 830.94 | 547.58 | 555.77 | 566.17 |
Net debt | 3 001.66 | -4 760.31 | - 547.58 | - 553.79 | - 562.21 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.2 % | 17.3 % | 0.0 % | 1.7 % | 2.3 % |
ROE | 14.5 % | 24.5 % | -0.5 % | 1.4 % | 1.8 % |
ROI | 18.0 % | 26.9 % | 0.1 % | 1.8 % | 2.4 % |
Economic value added (EVA) | 2 422.93 | 1 514.61 | 52.11 | -7.09 | -8.23 |
Solvency | |||||
Equity ratio | 50.9 % | 77.5 % | 95.2 % | 95.1 % | 95.1 % |
Gearing | 21.0 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 4.4 | 21.0 | 20.5 | 20.4 |
Current ratio | 1.9 | 4.4 | 21.0 | 20.5 | 20.4 |
Cash and cash equivalents | 19.53 | 4 760.31 | 547.58 | 553.79 | 562.21 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | C | B | C | C |
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