NRE GROUP A/S

NRE GROUP A/S (CVR number: 29800758) is a company from IKAST-BRANDE. The company reported a net sales of 12.5 mDKK in 2023, demonstrating a decline of -13 % compared to the previous year. The operating profit percentage was poor at -9.9 % (EBIT: -1.2 mDKK), while net earnings were 12.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was 10.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 31.8 %, 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. NRE GROUP A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.