MIDTJYLLANDS ELEKTRICITETSFORSYNINGS SELSKAB A.M.B.A.

MIDTJYLLANDS ELEKTRICITETSFORSYNINGS SELSKAB A.M.B.A. (CVR number: 58183415) is a company from IKAST-BRANDE. The company reported a net sales of 24.6 mDKK in 2023, demonstrating a decline of -7.9 % compared to the previous year. The operating profit percentage was at 1.5 % (EBIT: 0.4 mDKK), while net earnings were 39.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent and Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.1 %, 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 39.6 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.