Norden online ApS — Credit Rating and Financial Key Figures

Norden online ApS (CVR number: 41125837) is a company from VEJLE. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -79.4 % compared to the previous year. The operating profit percentage was at 0.6 % (EBIT: 0 mDKK), while net earnings were -1.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Norden online ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.