NØRGAARD ENGINEERING ApS — Credit Rating and Financial Key Figures

NØRGAARD ENGINEERING ApS (CVR number: 34586152) is a company from HORSENS. The company recorded a gross profit of 668.6 kDKK in 2024. The operating profit was -31.2 kDKK, while net earnings were -15.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.2 %, which can be considered poor and Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NØRGAARD ENGINEERING ApS's liquidity measured by quick ratio was 3.1 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.