MIDTGLANS A/S — Credit Rating and Financial Key Figures

MIDTGLANS A/S (CVR number: 33051808) is a company from IKAST-BRANDE. The company recorded a gross profit of -9 kDKK in 2018. The operating profit was -9 kDKK, while net earnings were -1618.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was -78 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIDTGLANS A/S's liquidity measured by quick ratio was 31.1 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.