Nordic Apartments ApS — Credit Rating and Financial Key Figures

Nordic Apartments ApS (CVR number: 40155481) is a company from KØBENHAVN. The company recorded a gross profit of 104.3 kDKK in 2023. The operating profit was 104.3 kDKK, while net earnings were 81 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 61.8 %, 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 Apartments ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.