NORDIC COATING ApS

NORDIC COATING ApS (CVR number: 35643826) is a company from HORSENS. The company recorded a gross profit of 5654.7 kDKK in 2023. The operating profit was 277.4 kDKK, while net earnings were 156.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent and Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 48.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. NORDIC COATING ApS's liquidity measured by quick ratio was 1.5 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.