MIDT TANK. BILLUND A/S — Credit Rating and Financial Key Figures

MIDT TANK. BILLUND A/S (CVR number: 60310718) is a company from VEJLE. The company recorded a gross profit of 6229.1 kDKK in 2023. The operating profit was 1793.1 kDKK, while net earnings were 1386.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24 %, which can be considered excellent and Return on Equity (ROE) was 39.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.5 %, 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 TANK. BILLUND A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.