MIDTMORS SPORT A/S — Credit Rating and Financial Key Figures

MIDTMORS SPORT A/S (CVR number: 32677878) is a company from MORSØ. The company recorded a gross profit of 2632.3 kDKK in 2023. The operating profit was 289.3 kDKK, while net earnings were 188.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 63.2 %, 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. MIDTMORS SPORT A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.