MIDWESCO FILTER RESOURCES DENMARK A/S — Credit Rating and Financial Key Figures

MIDWESCO FILTER RESOURCES DENMARK A/S (CVR number: 20940441) is a company from LOLLAND. The company recorded a gross profit of -143 kDKK in 2018. The operating profit was -143 kDKK, while net earnings were 1563.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.1 %, which can be considered excellent but Return on Equity (ROE) was 14.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIDWESCO FILTER RESOURCES DENMARK A/S's liquidity measured by quick ratio was 63.2 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.