MIDTJYDSK DISKONTERING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIDTJYDSK DISKONTERING ApS
MIDTJYDSK DISKONTERING ApS (CVR number: 76128715) is a company from NORDDJURS. The company recorded a gross profit of -8.8 kDKK in 2019. The operating profit was -8.8 kDKK, while net earnings were 267.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 66.1 %, which can be considered excellent and Return on Equity (ROE) was 78.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MIDTJYDSK DISKONTERING ApS's liquidity measured by quick ratio was 4.4 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 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -8.75 | -8.75 | -10.00 | -8.75 |
| EBIT | -8.75 | -8.75 | -10.00 | -8.75 |
| Net earnings | 29.43 | 71.33 | -3.75 | 267.49 |
| Shareholders equity total | 192.88 | 264.21 | 260.45 | 420.21 |
| Balance sheet total (assets) | 203.45 | 270.30 | 269.09 | 545.38 |
| Net debt | -63.12 | - 139.63 | - 176.97 | - 406.51 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 14.2 % | 30.2 % | -1.4 % | 66.1 % |
| ROE | 15.3 % | 31.2 % | -1.4 % | 78.6 % |
| ROI | 14.7 % | 30.9 % | -1.5 % | 67.1 % |
| Economic value added (EVA) | -8.75 | -15.04 | -16.26 | -10.97 |
| Solvency | ||||
| Equity ratio | 94.8 % | 97.7 % | 96.8 % | 77.0 % |
| Gearing | 2.4 % | 1.0 % | 28.4 % | |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 6.4 | 25.8 | 20.8 | 4.4 |
| Current ratio | 6.4 | 25.8 | 20.8 | 4.4 |
| Cash and cash equivalents | 67.69 | 139.63 | 179.61 | 525.68 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | BBB | BBB | BB |
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