Midtjysk Bilhus ApS — Credit Rating and Financial Key Figures

CVR number: 39535157
Måbjerg Skolevej 21, 7500 Holstebro
toften75@hotmail.com
tel: 21340609
midtjyskbilhus.dk

Credit rating

Company information

Official name
Midtjysk Bilhus ApS
Personnel
3 persons
Established
2018
Company form
Private limited company
Industry

About Midtjysk Bilhus ApS

Midtjysk Bilhus ApS (CVR number: 39535157) is a company from HOLSTEBRO. The company recorded a gross profit of 1342.2 kDKK in 2023. The operating profit was 603.5 kDKK, while net earnings were 465.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.9 %, which can be considered excellent and Return on Equity (ROE) was 37 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.2 %, 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. Midtjysk Bilhus ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales4 312.613 569.40
Gross profit500.03275.85523.13650.701 342.21
EBIT460.4529.08280.77369.73603.48
Net earnings357.7510.29217.26281.64465.58
Shareholders equity total516.04526.33743.591 025.231 490.81
Balance sheet total (assets)1 044.341 033.372 274.122 668.042 604.23
Net debt- 202.13-5.74- 133.13-68.72- 579.31
Profitability
EBIT-%10.7 %0.8 %
ROA53.7 %2.8 %17.0 %15.0 %22.9 %
ROE106.1 %2.0 %34.2 %31.8 %37.0 %
ROI136.6 %5.6 %44.2 %41.8 %48.0 %
Economic value added (EVA)357.726.91192.84257.71422.56
Solvency
Equity ratio49.4 %50.9 %32.7 %38.4 %57.2 %
Gearing
Relative net indebtedness %7.6 %14.0 %
Liquidity
Quick ratio0.60.10.70.70.6
Current ratio1.92.01.51.62.3
Cash and cash equivalents202.135.74133.1368.72579.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %10.9 %14.0 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:22.9%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.2%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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