Nordic ArtBank A/S — Credit Rating and Financial Key Figures

Nordic ArtBank A/S (CVR number: 38923161) is a company from TÅRNBY. The company recorded a gross profit of 1316.3 kDKK in 2024. The operating profit was 25.9 kDKK, while net earnings were -98.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -4.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.6 %, 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 ArtBank A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.