MELDGAARD RECYCLING A/S

MELDGAARD RECYCLING A/S (CVR number: 27050425) is a company from AABENRAA. The company recorded a gross profit of 100 mDKK in 2023. The operating profit was 46.3 mDKK, while net earnings were 38.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 29.3 %, which can be considered excellent and Return on Equity (ROE) was 33.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.5 %, 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. MELDGAARD RECYCLING A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.