MidtAuto ApS — Credit Rating and Financial Key Figures

CVR number: 36439335
Peder Larsens Vej 2, 7330 Brande
service@midtauto.com
tel: 97180811
www.midtauto.com

Credit rating

Company information

Official name
MidtAuto ApS
Personnel
9 persons
Established
2014
Company form
Private limited company
Industry

About MidtAuto ApS

MidtAuto ApS (CVR number: 36439335) is a company from IKAST-BRANDE. The company recorded a gross profit of 4244.5 kDKK in 2024. The operating profit was 509.7 kDKK, while net earnings were 413.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.6 %, which can be considered excellent and Return on Equity (ROE) was 23 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.3 %, 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. MidtAuto ApS's liquidity measured by quick ratio was 2.2 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 profit2 789.033 353.513 684.554 104.044 244.51
EBIT795.13759.27748.97738.57509.68
Net earnings601.88576.00571.47576.65413.35
Shareholders equity total740.311 066.321 387.791 714.441 877.79
Balance sheet total (assets)2 364.262 515.992 663.722 786.142 920.89
Net debt-1 274.02- 544.71-1 055.08-1 075.68-1 199.31
Profitability
EBIT-%
ROA42.0 %31.1 %28.9 %27.2 %18.6 %
ROE80.0 %63.8 %46.6 %37.2 %23.0 %
ROI105.7 %83.5 %59.8 %46.6 %28.8 %
Economic value added (EVA)580.26554.11529.90503.76307.80
Solvency
Equity ratio31.3 %42.4 %52.1 %61.5 %64.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.41.82.2
Current ratio1.01.11.41.82.2
Cash and cash equivalents1 274.02544.711 055.081 075.681 199.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:18.6%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.3%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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