Michael Mundeling, 515 Middelfart ApS — Credit Rating and Financial Key Figures

Michael Mundeling, 515 Middelfart ApS (CVR number: 40648046) is a company from MIDDELFART. The company recorded a gross profit of 3099.4 kDKK in 2024. The operating profit was 587 kDKK, while net earnings were 394.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.8 %, which can be considered excellent and Return on Equity (ROE) was 33.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.2 %, 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. Michael Mundeling, 515 Middelfart ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.