Nordic Wind Technology ApS — Credit Rating and Financial Key Figures

Nordic Wind Technology ApS (CVR number: 38526162) is a company from IKAST-BRANDE. The company recorded a gross profit of 11.7 mDKK in 2023. The operating profit was 6054.1 kDKK, while net earnings were 4329 kDKK. The profitability of the company measured by Return on Assets (ROA) was 79.6 %, which can be considered excellent and Return on Equity (ROE) was 97.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39 %, 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 Wind Technology ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.