M.IT ApS — Credit Rating and Financial Key Figures

M.IT ApS (CVR number: 36554649) is a company from ODENSE. The company recorded a gross profit of 1104.4 kDKK in 2023. The operating profit was 561.3 kDKK, while net earnings were 416.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.9 %, which can be considered excellent but Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 91.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M.IT ApS's liquidity measured by quick ratio was 3.3 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.