Midtjysk Bilsyn af 2016 ApS — Credit Rating and Financial Key Figures

Midtjysk Bilsyn af 2016 ApS (CVR number: 37958948) is a company from IKAST-BRANDE. The company recorded a gross profit of 1116.2 kDKK in 2023. The operating profit was 106.3 kDKK, while net earnings were 77 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good but Return on Equity (ROE) was 40 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Midtjysk Bilsyn af 2016 ApS'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.