DANISH MYO TECHNOLOGY A/S — Credit Rating and Financial Key Figures

DANISH MYO TECHNOLOGY A/S (CVR number: 21798274) is a company from FAVRSKOV. The company recorded a gross profit of 10.6 mDKK in 2023. The operating profit was 3126.3 kDKK, while net earnings were 2355 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.9 %, which can be considered excellent and Return on Equity (ROE) was 24.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.2 %, 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. DANISH MYO TECHNOLOGY A/S's liquidity measured by quick ratio was 3.5 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.