Mikk-Line US ApS — Credit Rating and Financial Key Figures

Mikk-Line US ApS (CVR number: 31616379) is a company from VEJEN. The company recorded a gross profit of -43.1 kDKK in 2019. The operating profit was -43.1 kDKK, while net earnings were -33.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.7 %, which can be considered poor and Return on Equity (ROE) was -26.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.3 %, 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. Mikk-Line US ApS's liquidity measured by quick ratio was 1.5 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.