MIDGAARD ONLINE ApS — Credit Rating and Financial Key Figures

MIDGAARD ONLINE ApS (CVR number: 36071540) is a company from AARHUS. The company recorded a gross profit of 190.2 kDKK in 2024. The operating profit was -12.1 kDKK, while net earnings were -7.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.5 %, which can be considered poor and Return on Equity (ROE) was -12.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.6 %, 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. MIDGAARD ONLINE ApS's liquidity measured by quick ratio was 1.7 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.