MiKaFre Ejendomme A/S — Credit Rating and Financial Key Figures

MiKaFre Ejendomme A/S (CVR number: 37441090) is a company from HEDENSTED. The company recorded a gross profit of 2092.4 kDKK in 2023. The operating profit was 1192.4 kDKK, while net earnings were 63.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 28 %, 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. MiKaFre Ejendomme A/S's liquidity measured by quick ratio was 0.4 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.