MK-Tag ApS — Credit Rating and Financial Key Figures

MK-Tag ApS (CVR number: 43351435) is a company from VEJEN. The company recorded a gross profit of 2956.7 kDKK in 2023. The operating profit was -779.7 kDKK, while net earnings were -615.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -55.1 %, which can be considered poor and Return on Equity (ROE) was -86 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.2 %, 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. MK-Tag ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.