Facade Midt ApS — Credit Rating and Financial Key Figures

Facade Midt ApS (CVR number: 40632905) is a company from VEJLE. The company recorded a gross profit of 417.9 kDKK in 2023. The operating profit was 17.6 kDKK, while net earnings were 10.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good but Return on Equity (ROE) was 16.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -38 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Facade Midt ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.