MIGATRONIC A/S

MIGATRONIC A/S (CVR number: 34485216K) is a company from JAMMERBUGT. The company reported a net sales of 370.2 mDKK in 2023, demonstrating a decline of -4.4 % compared to the previous year. The operating profit percentage was poor at -4.3 % (EBIT: -16 mDKK), while net earnings were -16.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -14.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.6 %, 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. MIGATRONIC A/S'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.