Midtjydsk Autosalg APS

Midtjydsk Autosalg APS (CVR number: 37582069) is a company from HERNING. The company reported a net sales of 5.3 mDKK in 2016. The operating profit percentage was at 8.1 % (EBIT: 0.4 mDKK), while net earnings were 324.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.4 %, which can be considered excellent and Return on Equity (ROE) was 24.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.6 %, 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. Midtjydsk Autosalg APS's liquidity measured by quick ratio was 0.5 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.