Midware ApS — Credit Rating and Financial Key Figures

Midware ApS (CVR number: 34895295) is a company from KØBENHAVN. The company recorded a gross profit of -2625.8 kDKK in 2023. The operating profit was -2625.8 kDKK, while net earnings were -2051.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.2 %, which can be considered poor and Return on Equity (ROE) was -119.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -86.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Midware ApS's liquidity measured by quick ratio was 10.5 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.