MIDTVEJS AUTO A/S — Credit Rating and Financial Key Figures

CVR number: 20880406
Bejstrupvej 182, Bejstrup 9690 Fjerritslev
tel: 98215422

Credit rating

Company information

Official name
MIDTVEJS AUTO A/S
Personnel
22 persons
Established
1998
Domicile
Bejstrup
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit8 422.769 176.519 408.018 424.196 939.46
EBIT486.42920.79936.38- 234.03- 999.43
Net earnings392.94753.56751.05- 222.51- 760.30
Shareholders equity total13 892.3214 645.8815 396.9315 174.4214 414.13
Balance sheet total (assets)18 059.0422 878.9122 056.6422 326.4316 651.54
Net debt509.052 619.783 427.614 079.54-2 074.69
Profitability
EBIT-%
ROA3.2 %5.0 %4.7 %-0.4 %-4.2 %
ROE2.9 %5.3 %5.0 %-1.5 %-5.1 %
ROI3.7 %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 ratio76.9 %64.2 %69.9 %68.0 %86.7 %
Gearing3.8 %18.1 %22.3 %27.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.31.11.24.0
Current ratio4.72.83.53.18.1
Cash and cash equivalents15.3032.195.3627.302 074.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-4.24%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.7%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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