Midtjysk Energiberegning Aps — Credit Rating and Financial Key Figures

Midtjysk Energiberegning Aps (CVR number: 34608547) is a company from BILLUND. The company recorded a gross profit of 90.4 kDKK in 2022. The operating profit was 58.4 kDKK, while net earnings were 42.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26 %, which can be considered excellent and Return on Equity (ROE) was 45.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Midtjysk Energiberegning Aps's liquidity measured by quick ratio was 3.8 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.