Milky Way Biotech ApS — Credit Rating and Financial Key Figures

Milky Way Biotech ApS (CVR number: 44005255) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -4 kDKK in 2023. The operating profit was -4 kDKK, while net earnings were -7.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -23.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.7 %, 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. Milky Way Biotech 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.