MIT TELE I/S — Credit Rating and Financial Key Figures

MIT TELE I/S (CVR number: 25813286) is a company from KØBENHAVN. The company reported a net sales of 102.3 mDKK in 2023, demonstrating a decline of -9.5 % compared to the previous year. The operating profit percentage was at 56.8 % (EBIT: 58.1 mDKK), while net earnings were 59.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 55.8 %, which can be considered excellent and Return on Equity (ROE) was 60.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIT TELE I/S's liquidity measured by quick ratio was 10.3 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.