Medican Nordic Grow ApS

Medican Nordic Grow ApS (CVR number: 39027763) is a company from GRIBSKOV. The company recorded a gross profit of 0 kDKK in 2018. The operating profit was -5 kDKK, while net earnings were -3.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.8 %, which can be considered poor and Return on Equity (ROE) was -8.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Medican Nordic Grow ApS's liquidity measured by quick ratio was 10.2 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.