ND FINANS ApS — Credit Rating and Financial Key Figures

ND FINANS ApS (CVR number: 34599173) is a company from HILLERØD. The company reported a net sales of -0.5 mDKK in 2023, demonstrating a growth of -24 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.5 mDKK), while net earnings were 236.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent but Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 32.5 %, 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. ND FINANS ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.