NORTH SEA AND BALTIC GROUP ApS — Credit Rating and Financial Key Figures

NORTH SEA AND BALTIC GROUP ApS (CVR number: 20330686) is a company from GENTOFTE. The company recorded a gross profit of -206.1 kDKK in 2023. The operating profit was -206.1 kDKK, while net earnings were 323.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 21.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NORTH SEA AND BALTIC GROUP ApS's liquidity measured by quick ratio was 38.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.