NORDIC BIOSCIENCE HOLDING A/S — Credit Rating and Financial Key Figures

NORDIC BIOSCIENCE HOLDING A/S (CVR number: 30511271K) is a company from HERLEV. The company reported a net sales of 205.2 mDKK in 2023, demonstrating a decline of -30.1 % compared to the previous year. The operating profit percentage was poor at -5.4 % (EBIT: -11 mDKK), while net earnings were 17 mDKK. The profitability of the company measured by Return on Assets (ROA) was -8 %, which can be considered poor but Return on Equity (ROE) was 30.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.7 %, 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. NORDIC BIOSCIENCE HOLDING A/S's liquidity measured by quick ratio was 4.6 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.