MIDTJYDSK FORNIKLING OG FORCHROMNING A/S

MIDTJYDSK FORNIKLING OG FORCHROMNING A/S (CVR number: 75867018) is a company from HERNING. The company recorded a gross profit of 24 mDKK in 2022. The operating profit was 5073.2 kDKK, while net earnings were 2740.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 14.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 36.5 %, 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 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.