MIDTJYSKE JERNBANER A/S — Credit Rating and Financial Key Figures

MIDTJYSKE JERNBANER A/S (CVR number: 64640011) is a company from LEMVIG. The company recorded a gross profit of -1773 kDKK in 2023. The operating profit was -2037 kDKK, while net earnings were 389 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 39.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MIDTJYSKE JERNBANER A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.