MidtVest Maskiner ApS

CVR number: 43749765
Lundgårdvej 6, Ejstrup 6900 Skjern

Credit rating

Company information

Official name
MidtVest Maskiner ApS
Personnel
1 person
Established
2023
Domicile
Ejstrup
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About MidtVest Maskiner ApS

MidtVest Maskiner ApS (CVR number: 43749765) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 323.5 kDKK in 2023. The operating profit was 223.3 kDKK, while net earnings were 130.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 76.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 4.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MidtVest Maskiner ApS's liquidity measured by quick ratio was 0.4 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
2023
Volume
Net sales
Gross profit323.50
EBIT223.31
Net earnings130.45
Shareholders equity total170.45
Balance sheet total (assets)3 776.19
Net debt626.30
Profitability
EBIT-%
ROA5.9 %
ROE76.5 %
ROI25.4 %
Economic value added (EVA)173.19
Solvency
Equity ratio4.5 %
Gearing415.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.4
Current ratio1.0
Cash and cash equivalents82.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingB

Variable visualization

ROA:5.91%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.51%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:17.442Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.