CHINA MINGYAN FOOD CHAIN DENMARK ApS

CHINA MINGYAN FOOD CHAIN DENMARK ApS (CVR number: 33965753) is a company from KØBENHAVN. The company recorded a gross profit of 212.9 kDKK in 2018. The operating profit was -1009.2 kDKK, while net earnings were -801.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -60.6 %, which can be considered poor and Return on Equity (ROE) was -86.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -20.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. CHINA MINGYAN FOOD CHAIN DENMARK ApS's liquidity measured by quick ratio was 1 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.