MIDGARD DENMARK K/S — Credit Rating and Financial Key Figures

MIDGARD DENMARK K/S (CVR number: 35838775) is a company from RUDERSDAL. The company recorded a gross profit of -3.5 kUSD in 2022. The operating profit was -3.5 kUSD, while net earnings were 17.5 kUSD. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 80.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIDGARD DENMARK K/S's liquidity measured by quick ratio was 5.1 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.