MICODAN A/S

MICODAN A/S (CVR number: 88484312) is a company from REBILD. The company recorded a gross profit of 27.2 mDKK in 2023. The operating profit was 5903.5 kDKK, while net earnings were 4041.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.3 %, which can be considered excellent and Return on Equity (ROE) was 34.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.1 %, 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. MICODAN A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.