NORD & ROED A/S

NORD & ROED A/S (CVR number: 28892519) is a company from AALBORG. The company recorded a gross profit of 1806 kDKK in 2023. The operating profit was 140.4 kDKK, while net earnings were 98.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 46 %, 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 & ROED A/S's liquidity measured by quick ratio was 2.1 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.