Midtjysk Snedker og Tømrer ApS — Credit Rating and Financial Key Figures

Midtjysk Snedker og Tømrer ApS (CVR number: 37086185) is a company from HERNING. The company recorded a gross profit of 43.6 kDKK in 2016. The operating profit was 43.6 kDKK, while net earnings were 34 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.8 %, which can be considered excellent and Return on Equity (ROE) was 40.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.1 %, 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. Midtjysk Snedker og Tømrer ApS's liquidity measured by quick ratio was 3 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.