NOKIA DENMARK A/S — Credit Rating and Financial Key Figures

NOKIA DENMARK A/S (CVR number: 13680531) is a company from KØBENHAVN. The company reported a net sales of 228 mDKK in 2023, demonstrating a decline of -24.6 % compared to the previous year. The operating profit percentage was at 10.6 % (EBIT: 24.1 mDKK), while net earnings were 19.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 25.7 %, which can be considered excellent and Return on Equity (ROE) was 40.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.9 %, 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. NOKIA DENMARK A/S's liquidity measured by quick ratio was 2.5 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.