Middelbo ApS — Credit Rating and Financial Key Figures

Middelbo ApS (CVR number: 36563060) is a company from HORSENS. The company recorded a gross profit of 3250.4 kDKK in 2023. The operating profit was 386 kDKK, while net earnings were 276.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good and Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 67.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Middelbo ApS's liquidity measured by quick ratio was 2.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.