Midtjydsk T.M. APS — Credit Rating and Financial Key Figures

Midtjydsk T.M. APS (CVR number: 40145265) is a company from HORSENS. The company recorded a gross profit of 94.6 kDKK in 2023. The operating profit was -296.5 kDKK, while net earnings were -231.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -45.8 %, which can be considered poor and Return on Equity (ROE) was -64.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -7.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Midtjydsk T.M. APS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.