MIDTJYLLANDS ELEKTRICITETSFORSYNINGS SELSKAB A.M.B.A. — Credit Rating and Financial Key Figures

MIDTJYLLANDS ELEKTRICITETSFORSYNINGS SELSKAB A.M.B.A. (CVR number: 58183415K) is a company from IKAST-BRANDE. The company reported a net sales of 33.5 mDKK in 2022, demonstrating a growth of 9.1 % compared to the previous year. The operating profit percentage was at 8.6 % (EBIT: 2.9 mDKK), while net earnings were 1365.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 94.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIDTJYLLANDS ELEKTRICITETSFORSYNINGS SELSKAB A.M.B.A.'s liquidity measured by quick ratio was 24 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.