Bilhuset Middelfart I/S — Credit Rating and Financial Key Figures

CVR number: 37306827
Værkstedsvej 14, Skrillinge 5500 Middelfart

Credit rating

Company information

Official name
Bilhuset Middelfart I/S
Personnel
5 persons
Established
2015
Domicile
Skrillinge
Company form
General partnership
Industry

About Bilhuset Middelfart I/S

Bilhuset Middelfart I/S (CVR number: 37306827) is a company from MIDDELFART. The company recorded a gross profit of 1878.9 kDKK in 2024. The operating profit was 429.9 kDKK, while net earnings were 236.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 17.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.1 %, 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. Bilhuset Middelfart I/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit1 129.151 640.981 945.892 122.071 878.91
EBIT238.32660.43928.55855.69429.91
Net earnings40.51475.35707.72606.58236.62
Shareholders equity total- 257.90217.45798.351 303.571 359.64
Balance sheet total (assets)5 741.426 159.056 371.896 606.714 515.13
Net debt5 175.315 254.205 163.544 707.312 677.58
Profitability
EBIT-%
ROA4.0 %10.9 %14.8 %13.2 %7.8 %
ROE0.7 %16.0 %139.3 %57.7 %17.8 %
ROI4.4 %12.4 %16.2 %14.3 %8.6 %
Economic value added (EVA)-34.56413.20652.95555.75127.07
Solvency
Equity ratio-4.3 %3.5 %12.5 %19.7 %30.1 %
Gearing-2007.6 %2422.3 %647.7 %362.3 %197.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.1
Current ratio0.60.70.80.90.7
Cash and cash equivalents2.4712.997.1515.8810.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBABBB

Variable visualization

ROA:7.76%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.1%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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