Norden Sports ApS — Credit Rating and Financial Key Figures

Norden Sports ApS (CVR number: 36980435) is a company from KØBENHAVN. The company recorded a gross profit of -8.3 kDKK in 2023. The operating profit was -8.3 kDKK, while net earnings were 10.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 79.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Norden Sports ApS's liquidity measured by quick ratio was 4.2 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.