MELDGAARD ELECTRIC A/S

MELDGAARD ELECTRIC A/S (CVR number: 16229709) is a company from HORSENS. The company recorded a gross profit of 6753.1 kDKK in 2022. The operating profit was 1322.5 kDKK, while net earnings were 1012.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.5 %, which can be considered excellent and Return on Equity (ROE) was 54 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.6 %, 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. MELDGAARD ELECTRIC A/S'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.