Midt-Service ApS — Credit Rating and Financial Key Figures

Midt-Service ApS (CVR number: 44026791) is a company from SKIVE. The company recorded a gross profit of 3587.6 kDKK in 2024. The operating profit was -117.9 kDKK, while net earnings were 34 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.8 %, which can be considered poor but Return on Equity (ROE) was 29.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.3 %, 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. Midt-Service ApS's liquidity measured by quick ratio was 1.1 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.