Midtager 13 ApS — Credit Rating and Financial Key Figures

Midtager 13 ApS (CVR number: 39983974) is a company from FREDERIKSBERG. The company recorded a gross profit of 1974.2 kDKK in 2022. The operating profit was 1581.4 kDKK, while net earnings were 814.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 17.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.8 %, 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. Midtager 13 ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.