MINGO PHOTO ApS — Credit Rating and Financial Key Figures

MINGO PHOTO ApS (CVR number: 26399637) is a company from HERNING. The company recorded a gross profit of 210.6 kDKK in 2023. The operating profit was 28.5 kDKK, while net earnings were -251.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was -13.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 86.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MINGO PHOTO ApS's liquidity measured by quick ratio was 3.6 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.