Mahdfireworks ApS — Credit Rating and Financial Key Figures

Mahdfireworks ApS (CVR number: 38697331) is a company from HADERSLEV. The company recorded a gross profit of 26.1 kDKK in 2023, demonstrating a growth of 101.2 % compared to the previous year. The operating profit was 14.2 kDKK, while net earnings were 11.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.7 %, which can be considered excellent and Return on Equity (ROE) was 23.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -25.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Mahdfireworks ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.