Millimeter Byg ApS — Credit Rating and Financial Key Figures

Millimeter Byg ApS (CVR number: 39770903) is a company from KØBENHAVN. The company recorded a gross profit of 39.7 kDKK in 2023. The operating profit was 3.1 kDKK, while net earnings were -2.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -10.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Millimeter Byg ApS's liquidity measured by quick ratio was 0.8 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.