Nordic Technologies A/S — Credit Rating and Financial Key Figures

Nordic Technologies A/S (CVR number: 36488468) is a company from AARHUS. The company recorded a gross profit of 7.2 kDKK in 2023. The operating profit was 0.8 kDKK, while net earnings were -5.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -1.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -26.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordic Technologies A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.