MT2GO Transport I/S — Credit Rating and Financial Key Figures

MT2GO Transport I/S (CVR number: 37404209) is a company from GREVE. The company recorded a gross profit of 12.6 mDKK in 2023. The operating profit was 1388.1 kDKK, while net earnings were 1376.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.8 %, which can be considered excellent and Return on Equity (ROE) was 46.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MT2GO Transport I/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.