Modern American Recycling Services, Europe A/S — Credit Rating and Financial Key Figures

Modern American Recycling Services, Europe A/S (CVR number: 39610922) is a company from FREDERIKSHAVN. The company recorded a gross profit of 147.8 mDKK in 2023. The operating profit was 65.6 mDKK, while net earnings were 48.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 34.5 %, which can be considered excellent and Return on Equity (ROE) was 88.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.2 %, 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. Modern American Recycling Services, Europe A/S's liquidity measured by quick ratio was 1.8 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.