NORD GEAR DANMARK A/S — Credit Rating and Financial Key Figures

NORD GEAR DANMARK A/S (CVR number: 12616600) is a company from AABENRAA. The company recorded a gross profit of 20.2 mDKK in 2022. The operating profit was 7832.5 kDKK, while net earnings were 5895.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.3 %, which can be considered excellent and Return on Equity (ROE) was 35.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.2 %, 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. NORD GEAR DANMARK A/S's liquidity measured by quick ratio was 1.5 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.