Midas Bøger IVS — Credit Rating and Financial Key Figures

Midas Bøger IVS (CVR number: 36892765) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 0 mDKK in 2017, demonstrating a growth of 63.9 % compared to the previous year. The operating profit percentage was at 37.7 % (EBIT: 0 mDKK), while net earnings were 11.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 72.3 %, which can be considered excellent and Return on Equity (ROE) was 156.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46 %, 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. Midas Bøger IVS's liquidity measured by quick ratio was 1.9 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.