Nordic Solar X ApS — Credit Rating and Financial Key Figures

Nordic Solar X ApS (CVR number: 43010506) is a company from GENTOFTE. The company recorded a gross profit of -19.4 kEUR in 2024. The operating profit was -19.4 kEUR, while net earnings were -1683.8 kEUR. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak but Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -7.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordic Solar X ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.