NordicWay Logistics ApS — Credit Rating and Financial Key Figures

NordicWay Logistics ApS (CVR number: 41576413) is a company from HVIDOVRE. The company recorded a gross profit of 3159.1 kDKK in 2023. The operating profit was 901.6 kDKK, while net earnings were 705.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good but Return on Equity (ROE) was 27.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.5 %, 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. NordicWay Logistics ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.