MIDT-JORD A/S — Credit Rating and Financial Key Figures

MIDT-JORD A/S (CVR number: 20237910) is a company from SKANDERBORG. The company recorded a gross profit of -21.9 kDKK in 2021. The operating profit was -166.2 kDKK, while net earnings were -106.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -50.9 %, which can be considered poor and Return on Equity (ROE) was -44.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.8 %, 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. MIDT-JORD A/S's liquidity measured by quick ratio was 4.7 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.