MIDDELFART BYCENTER A/S — Credit Rating and Financial Key Figures

MIDDELFART BYCENTER A/S (CVR number: 36474653) is a company from MIDDELFART. The company reported a net sales of 4.1 mDKK in 2023, demonstrating a decline of -3.9 % compared to the previous year. The operating profit percentage was at 283.7 % (EBIT: 11.5 mDKK), while net earnings were 3774 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good and Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 35.2 %, 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. MIDDELFART BYCENTER A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.