Norce ApS — Credit Rating and Financial Key Figures

Norce ApS (CVR number: 38232975) is a company from KØBENHAVN. The company recorded a gross profit of 277.6 kDKK in 2023. The operating profit was -399.8 kDKK, while net earnings were -479.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.6 %, which can be considered poor and Return on Equity (ROE) was -69.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -85.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Norce ApS's liquidity measured by quick ratio was 3.3 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.