J. P. MIDTJORD ApS — Credit Rating and Financial Key Figures

J. P. MIDTJORD ApS (CVR number: 24231828) is a company from IKAST-BRANDE. The company recorded a gross profit of 381.7 kDKK in 2016. The operating profit was 126.9 kDKK, while net earnings were 61 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good and Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 55.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. J. P. MIDTJORD ApS's liquidity measured by quick ratio was 2.1 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.