MM Køreskole ApS — Credit Rating and Financial Key Figures

MM Køreskole ApS (CVR number: 37655325) is a company from KØBENHAVN. The company recorded a gross profit of 359.5 kDKK in 2019. The operating profit was 101.8 kDKK, while net earnings were 101.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.3 %, which can be considered excellent and Return on Equity (ROE) was 171.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -75.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MM Køreskole ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.