Nordic Cleaning Midt ApS — Credit Rating and Financial Key Figures

Nordic Cleaning Midt ApS (CVR number: 40716645) is a company from Brønderslev. The company recorded a gross profit of 735.7 kDKK in 2022. The operating profit was 584.4 kDKK, while net earnings were 397.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.6 %, which can be considered excellent and Return on Equity (ROE) was 40.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31 %, 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. Nordic Cleaning Midt ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.