NORDIC HOUSEWARE GROUP A/S

NORDIC HOUSEWARE GROUP A/S (CVR number: 31479363) is a company from GLADSAXE. The company reported a net sales of 438.8 mDKK in 2023, demonstrating a growth of 13.5 % compared to the previous year. The operating profit percentage was poor at -2.1 % (EBIT: -9.4 mDKK), while net earnings were -3434 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, 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 29.3 %, 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 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.