Nordic Acoustics ApS — Credit Rating and Financial Key Figures

Nordic Acoustics ApS (CVR number: 36944803) is a company from ODENSE. The company recorded a gross profit of -267.7 kDKK in 2023. The operating profit was -267.7 kDKK, while net earnings were -268.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -31.7 %, which can be considered poor and Return on Equity (ROE) was -45.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -15.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordic Acoustics ApS's liquidity measured by quick ratio was 0.8 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.