MIT 070707 IVS

MIT 070707 IVS (CVR number: 38441361) is a company from FREDERIKSSUND. The company recorded a gross profit of 88 kDKK in 2018. The operating profit was 5 kDKK, while net earnings were 2.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -1.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MIT 070707 IVS's liquidity measured by quick ratio was 1 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.