Nordstern Herning ApS — Credit Rating and Financial Key Figures

Nordstern Herning ApS (CVR number: 31179742) is a company from HORSENS. The company reported a net sales of 868.8 mDKK in 2022, demonstrating a decline of -11.8 % compared to the previous year. The operating profit percentage was at 4.2 % (EBIT: 36.7 mDKK), while net earnings were 32.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good but Return on Equity (ROE) was 19.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.8 %, 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. Nordstern Herning ApS's liquidity measured by quick ratio was 1.8 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.