MIDTJYSK EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 29912769
Poul Larsens Vej 10 A, 8600 Silkeborg

Company information

Official name
MIDTJYSK EJENDOMME ApS
Established
2006
Company form
Private limited company
Industry

About MIDTJYSK EJENDOMME ApS

MIDTJYSK EJENDOMME ApS (CVR number: 29912769) is a company from SILKEBORG. The company recorded a gross profit of 97.8 kDKK in 2021. The operating profit was 97.8 kDKK, while net earnings were 13.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -7.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MIDTJYSK EJENDOMME ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit271.36- 163.43-41.37-90.6597.81
EBIT- 670.10- 166.03-41.37-90.6597.81
Net earnings- 940.95- 199.18-65.18- 119.4113.10
Shareholders equity total31.45- 167.73- 232.90- 352.31- 339.21
Balance sheet total (assets)1 030.93916.33801.795 279.984 312.34
Net debt- 408.91- 295.67- 210.52- 105.042 634.40
Profitability
EBIT-%
ROA-11.7 %-14.8 %-2.9 %-2.5 %1.9 %
ROE-187.5 %-42.0 %-7.6 %-3.9 %0.3 %
ROI-13.1 %-105.9 %-14.1 %-91.9 %6.8 %
Economic value added (EVA)- 965.40- 157.26-18.09-68.36120.79
Solvency
Equity ratio3.1 %-15.5 %-22.5 %-6.3 %-7.3 %
Gearing6.0 %-848.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.10.90.20.1
Current ratio1.01.10.90.92.4
Cash and cash equivalents410.79295.67210.52105.04244.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:1.90%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-7.29%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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