MIDTVEJS AUTO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIDTVEJS AUTO A/S
MIDTVEJS AUTO A/S (CVR number: 20880406) is a company from JAMMERBUGT. The company recorded a gross profit of 6939.5 kDKK in 2024. The operating profit was -999.4 kDKK, while net earnings were -760.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.2 %, which can be considered poor and Return on Equity (ROE) was -5.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 86.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIDTVEJS AUTO A/S's liquidity measured by quick ratio was 4 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 8 422.76 | 9 176.51 | 9 408.01 | 8 424.19 | 6 939.46 |
EBIT | 486.42 | 920.79 | 936.38 | - 234.03 | - 999.43 |
Net earnings | 392.94 | 753.56 | 751.05 | - 222.51 | - 760.30 |
Shareholders equity total | 13 892.32 | 14 645.88 | 15 396.93 | 15 174.42 | 14 414.13 |
Balance sheet total (assets) | 18 059.04 | 22 878.91 | 22 056.64 | 22 326.43 | 16 651.54 |
Net debt | 509.05 | 2 619.78 | 3 427.61 | 4 079.54 | -2 074.69 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.2 % | 5.0 % | 4.7 % | -0.4 % | -4.2 % |
ROE | 2.9 % | 5.3 % | 5.0 % | -1.5 % | -5.1 % |
ROI | 3.7 % | 6.3 % | 5.7 % | -0.5 % | -4.8 % |
Economic value added (EVA) | - 441.39 | -7.10 | - 141.12 | -1 134.07 | -1 749.93 |
Solvency | |||||
Equity ratio | 76.9 % | 64.2 % | 69.9 % | 68.0 % | 86.7 % |
Gearing | 3.8 % | 18.1 % | 22.3 % | 27.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 1.3 | 1.1 | 1.2 | 4.0 |
Current ratio | 4.7 | 2.8 | 3.5 | 3.1 | 8.1 |
Cash and cash equivalents | 15.30 | 32.19 | 5.36 | 27.30 | 2 074.69 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
Variable visualization
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