Nordic Connections ApS — Credit Rating and Financial Key Figures

Nordic Connections ApS (CVR number: 39176165) is a company from KØGE. The company recorded a gross profit of -28.4 kDKK in 2021. The operating profit was -28.4 kDKK, while net earnings were -29.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -59 %, which can be considered poor and Return on Equity (ROE) was -93.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.2 %, 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. Nordic Connections ApS's liquidity measured by quick ratio was 3.9 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.