MING HAO ApS — Credit Rating and Financial Key Figures

MING HAO ApS (CVR number: 36411813) is a company from HORSENS. The company recorded a gross profit of 4985.4 kDKK in 2024. The operating profit was 796.7 kDKK, while net earnings were 618.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.7 %, which can be considered excellent and Return on Equity (ROE) was 27.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -6.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MING HAO ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.