Midt-Byg ApS — Credit Rating and Financial Key Figures

Midt-Byg ApS (CVR number: 20039841) is a company from VESTHIMMERLANDS. The company reported a net sales of 0.1 mDKK in 2016. The operating profit percentage was at 100 % (EBIT: 0.1 mDKK), while net earnings were 118.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good but Return on Equity (ROE) was 35.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.9 %, 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. Midt-Byg ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.