Midtbo ApS — Credit Rating and Financial Key Figures

Midtbo ApS (CVR number: 40840184) is a company from VIBORG. The company recorded a gross profit of 1418.8 kDKK in 2023. The operating profit was 1418.8 kDKK, while net earnings were 190.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -1.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Midtbo 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.