MIDTGÅRD ApS — Credit Rating and Financial Key Figures

MIDTGÅRD ApS (CVR number: 31063434) is a company from HORSENS. The company recorded a gross profit of 267.1 kDKK in 2018. The operating profit was 220.1 kDKK, while net earnings were 187.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.2 %, which can be considered excellent and Return on Equity (ROE) was 195 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42 %, 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. MIDTGÅRD ApS's liquidity measured by quick ratio was 1.7 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.