MIDTVEST-EL A/S — Credit Rating and Financial Key Figures

MIDTVEST-EL A/S (CVR number: 31874866) is a company from IKAST-BRANDE. The company recorded a gross profit of 2560.8 kDKK in 2023. The operating profit was 79.7 kDKK, while net earnings were 59.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 58.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MIDTVEST-EL A/S's liquidity measured by quick ratio was 1.7 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.