Middelfart Autoteknik ApS — Credit Rating and Financial Key Figures

CVR number: 42903493
Værkstedsvej 20, Skrillinge 5500 Middelfart

Credit rating

Company information

Official name
Middelfart Autoteknik ApS
Personnel
5 persons
Established
2021
Domicile
Skrillinge
Company form
Private limited company
Industry

About Middelfart Autoteknik ApS

Middelfart Autoteknik ApS (CVR number: 42903493) is a company from MIDDELFART. The company recorded a gross profit of 972.7 kDKK in 2023. The operating profit was 273.8 kDKK, while net earnings were 196 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.4 %, which can be considered excellent and Return on Equity (ROE) was 107.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.2 %, 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. Middelfart Autoteknik ApS's liquidity measured by quick ratio was 1.3 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit268.55972.72
EBIT53.16273.75
Net earnings44.04196.02
Shareholders equity total84.04280.05
Balance sheet total (assets)530.14648.96
Net debt269.6649.27
Profitability
EBIT-%
ROA10.0 %46.4 %
ROE52.4 %107.7 %
ROI14.7 %75.7 %
Economic value added (EVA)51.89208.65
Solvency
Equity ratio15.9 %43.2 %
Gearing329.1 %29.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.3
Current ratio0.71.3
Cash and cash equivalents6.9032.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:46.4%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.2%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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