Midtgaard´s Gulve ApS — Credit Rating and Financial Key Figures

Midtgaard´s Gulve ApS (CVR number: 37648078) is a company from BALLERUP. The company recorded a gross profit of 624.3 kDKK in 2023. The operating profit was -535.5 kDKK, while net earnings were -544.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -36.2 %, which can be considered poor and Return on Equity (ROE) was -68.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.5 %, 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´s Gulve ApS's liquidity measured by quick ratio was 1.5 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.