Midtsjællands Havemaskiner ApS — Credit Rating and Financial Key Figures

Midtsjællands Havemaskiner ApS (CVR number: 38010379) is a company from RINGSTED. The company recorded a gross profit of 661.1 kDKK in 2023. The operating profit was 16.4 kDKK, while net earnings were -7.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Midtsjællands Havemaskiner 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.