MIDTGAARD FARVER A/S

MIDTGAARD FARVER A/S (CVR number: 13000603) is a company from HERNING. The company recorded a gross profit of 11.7 mDKK in 2023. The operating profit was 2387 kDKK, while net earnings were 1871.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good but Return on Equity (ROE) was 18.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MIDTGAARD FARVER 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.