MITCO ApS — Credit Rating and Financial Key Figures

MITCO ApS (CVR number: 55160619K) is a company from KØBENHAVN. The company reported a net sales of 52.5 mDKK in 2018, demonstrating a growth of 29.6 % compared to the previous year. The operating profit percentage was poor at -64.4 % (EBIT: -33.8 mDKK), while net earnings were -23.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -1.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.1 %, 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. MITCO ApS's liquidity measured by quick ratio was 2.3 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.