A/S AF 18. FEBRUAR 1993. MIDDELFART

A/S AF 18. FEBRUAR 1993. MIDDELFART (CVR number: 10400686K) is a company from AABENRAA. The company reported a net sales of 1485.7 mDKK in 2023, demonstrating a decline of -4.7 % compared to the previous year. The operating profit percentage was poor at -0.3 % (EBIT: -4.1 mDKK), while net earnings were -21.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -14.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.1 %, 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. A/S AF 18. FEBRUAR 1993. MIDDELFART's liquidity measured by quick ratio was 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.