NOBIA DENMARK A/S — Credit Rating and Financial Key Figures

NOBIA DENMARK A/S (CVR number: 89645417) is a company from VARDE. The company reported a net sales of 2718.6 mDKK in 2023, demonstrating a decline of -19.2 % compared to the previous year. The operating profit percentage was at 10.3 % (EBIT: 279.2 mDKK), while net earnings were 224.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 26.1 %, which can be considered excellent and Return on Equity (ROE) was 62.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.6 %, 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. NOBIA DENMARK A/S's liquidity measured by quick ratio was 1 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.