Ley Midtgaard IT ApS — Credit Rating and Financial Key Figures

Ley Midtgaard IT ApS (CVR number: 43727524) is a company from HELSINGØR. The company recorded a gross profit of 906.9 kDKK in 2023. The operating profit was 27.2 kDKK, while net earnings were 16.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good but Return on Equity (ROE) was 28.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.5 %, 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. Ley Midtgaard IT ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.