M-IT ApS — Credit Rating and Financial Key Figures

M-IT ApS (CVR number: 29223203) is a company from GLADSAXE. The company recorded a gross profit of 544.3 kDKK in 2024. The operating profit was -161.5 kDKK, while net earnings were -110.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -36.7 %, which can be considered poor and Return on Equity (ROE) was -76.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.5 %, 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. M-IT ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.