Nordic Mjød ApS — Credit Rating and Financial Key Figures

Nordic Mjød ApS (CVR number: 39853892) is a company from RANDERS. The company recorded a gross profit of 129.2 kDKK in 2024. The operating profit was 85.6 kDKK, while net earnings were 65.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.2 %, which can be considered excellent and Return on Equity (ROE) was 64.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.5 %, 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. Nordic Mjød ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.