MØLLGAARD VVS A/S — Credit Rating and Financial Key Figures

MØLLGAARD VVS A/S (CVR number: 24232581) is a company from HORSENS. The company recorded a gross profit of 6905.6 kDKK in 2023. The operating profit was -343.4 kDKK, while net earnings were -296.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.9 %, which can be considered poor and Return on Equity (ROE) was -13.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MØLLGAARD VVS A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.