MIDTJYDSK FORNIKLING OG FORCHROMNING A/S — Credit Rating and Financial Key Figures

MIDTJYDSK FORNIKLING OG FORCHROMNING A/S (CVR number: 75867018) is a company from HERNING. The company recorded a gross profit of 23.3 mDKK in 2023. The operating profit was 5634.9 kDKK, while net earnings were 2997.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 13.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 37.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MIDTJYDSK FORNIKLING OG FORCHROMNING A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.