MidtAuto ApS — Credit Rating and Financial Key Figures

MidtAuto ApS (CVR number: 36439335) is a company from IKAST-BRANDE. The company recorded a gross profit of 4104 kDKK in 2023. The operating profit was 738.6 kDKK, while net earnings were 576.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.2 %, which can be considered excellent and Return on Equity (ROE) was 37.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.5 %, 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 1.8 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.