MIGONE A/S — Credit Rating and Financial Key Figures

MIGONE A/S (CVR number: 30192516) is a company from FAVRSKOV. The company recorded a gross profit of 4.7 kDKK in 2016. The operating profit was 4.7 kDKK, while net earnings were -21.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was -95 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37 %, 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. MIGONE A/S's liquidity measured by quick ratio was 3.1 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.