NORTEC-CANNON A/S — Credit Rating and Financial Key Figures

NORTEC-CANNON A/S (CVR number: 26482070) is a company from FREDENSBORG. The company recorded a gross profit of 5856.7 kDKK in 2024. The operating profit was 167 kDKK, while net earnings were 8.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 22.4 %, 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. NORTEC-CANNON A/S's liquidity measured by quick ratio was 0.9 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.