MAMA yarn ApS — Credit Rating and Financial Key Figures

MAMA yarn ApS (CVR number: 41566477) is a company from RINGSTED. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a growth of 27.3 % compared to the previous year. The operating profit percentage was poor at -18.5 % (EBIT: -0.1 mDKK), while net earnings were -143 kDKK. The profitability of the company measured by Return on Assets (ROA) was -43.8 %, which can be considered poor and Return on Equity (ROE) was -234.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -76.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MAMA yarn 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.