MIDTVEST IT A/S — Credit Rating and Financial Key Figures

MIDTVEST IT A/S (CVR number: 31185653) is a company from HERNING. The company recorded a gross profit of 1449.5 kDKK in 2024. The operating profit was 916.5 kDKK, while net earnings were 781 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.8 %, which can be considered excellent and Return on Equity (ROE) was 47 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MIDTVEST IT A/S's liquidity measured by quick ratio was 1.6 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.