Midtjysk Bilcenter ApS — Credit Rating and Financial Key Figures

Midtjysk Bilcenter ApS (CVR number: 44157101) is a company from IKAST-BRANDE. The company recorded a gross profit of 9550.9 kDKK in 2023. The operating profit was 5772.6 kDKK, while net earnings were 4563.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.1 %, which can be considered good and Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 70 %, 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. Midtjysk Bilcenter ApS's liquidity measured by quick ratio was 2.6 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.