NORDIC HOUSEWARE GROUP A/S

NORDIC HOUSEWARE GROUP A/S (CVR number: 31479363K) is a company from GLADSAXE. The company reported a net sales of 516.1 mDKK in 2023, demonstrating a decline of -12.9 % compared to the previous year. The operating profit percentage was at 1.3 % (EBIT: 7 mDKK), while net earnings were -3434 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.9 %, 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 HOUSEWARE GROUP A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.