Midtlollands Autolak ApS — Credit Rating and Financial Key Figures

CVR number: 37490180
V. Henriksens Vej 4, 4930 Maribo
tel: 54782612

Company information

Official name
Midtlollands Autolak ApS
Personnel
5 persons
Established
2016
Company form
Private limited company
Industry

About Midtlollands Autolak ApS

Midtlollands Autolak ApS (CVR number: 37490180) is a company from LOLLAND. The company recorded a gross profit of 2314.2 kDKK in 2023. The operating profit was 1233.1 kDKK, while net earnings were 985.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.1 %, which can be considered excellent and Return on Equity (ROE) was 46.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70 %, 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. Midtlollands Autolak ApS's liquidity measured by quick ratio was 2.9 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
2019
2020
2021
2022
2023
Volume
Net sales3 120.00
Gross profit808.591 366.641 266.961 327.832 314.20
EBIT161.16539.74306.60354.871 233.10
Net earnings105.87391.59222.03265.88985.90
Shareholders equity total730.171 121.761 343.791 609.682 595.58
Balance sheet total (assets)954.801 566.191 994.562 291.603 709.33
Net debt- 415.27- 869.83-1 084.95-1 369.98-2 170.77
Profitability
EBIT-%17.3 %
ROA17.5 %42.8 %17.2 %16.6 %41.1 %
ROE15.6 %42.3 %18.0 %18.0 %46.9 %
ROI22.5 %53.1 %21.9 %21.3 %55.2 %
Economic value added (EVA)98.61381.14217.52258.25981.86
Solvency
Equity ratio76.5 %71.6 %67.4 %70.2 %70.0 %
Gearing2.1 %0.6 %
Relative net indebtedness %-18.7 %
Liquidity
Quick ratio3.24.73.84.42.9
Current ratio3.44.83.94.52.9
Cash and cash equivalents430.26869.831 084.951 369.982 185.72
Capital use efficiency
Trade debtors turnover (days)52.4
Net working capital %35.2 %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:41.1%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.0%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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