Nordic Formulation Technology A/S

Nordic Formulation Technology A/S (CVR number: 38581279) is a company from GENTOFTE. The company recorded a gross profit of 6970.3 kDKK in 2023. The operating profit was 2048 kDKK, while net earnings were 1437.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.5 %, which can be considered good but Return on Equity (ROE) was 22.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.8 %, 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 Formulation Technology A/S'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.