NORLAX A/S — Credit Rating and Financial Key Figures

NORLAX A/S (CVR number: 10702437) is a company from VARDE. The company recorded a gross profit of 119.9 mDKK in 2023. The operating profit was 29.2 mDKK, while net earnings were 17.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19.7 %, which can be considered excellent and Return on Equity (ROE) was 30.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.2 %, 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. NORLAX A/S'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.