M.L. SCHMIDT ApS TØMRER- OG SNEDKERVIRKSOMHED — Credit Rating and Financial Key Figures

M.L. SCHMIDT ApS TØMRER- OG SNEDKERVIRKSOMHED (CVR number: 32324533) is a company from VARDE. The company recorded a gross profit of 71.6 kDKK in 2023. The operating profit was -7.9 kDKK, while net earnings were -16.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor and Return on Equity (ROE) was -14.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.4 %, 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.L. SCHMIDT ApS TØMRER- OG SNEDKERVIRKSOMHED's liquidity measured by quick ratio was 0.9 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.