MADS NØRGAARD A/S

MADS NØRGAARD A/S (CVR number: 18155931K) is a company from KØBENHAVN. The company recorded a gross profit of 54.7 mDKK in 2023. The operating profit was 9768 kDKK, while net earnings were 7829 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 76.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MADS NØRGAARD A/S's liquidity measured by quick ratio was 1.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.