AVNET NORTEC ApS — Credit Rating and Financial Key Figures

AVNET NORTEC ApS (CVR number: 26766710) is a company from HERLEV. The company reported a net sales of 548.1 mDKK in 2023, demonstrating a decline of -24.2 % compared to the previous year. The operating profit percentage was at 4.3 % (EBIT: 23.5 mDKK), while net earnings were 17.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good and Return on Equity (ROE) was 12.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 58.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. AVNET NORTEC ApS's liquidity measured by quick ratio was 2.4 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.