MD 1708 ApS — Credit Rating and Financial Key Figures

MD 1708 ApS (CVR number: 29209162) is a company from KERTEMINDE. The company reported a net sales of -0.3 mDKK in 2022, demonstrating a decline of 157.2 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.4 mDKK), while net earnings were -387.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.6 %, which can be considered poor and Return on Equity (ROE) was -36.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MD 1708 ApS's liquidity measured by quick ratio was 2 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.