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 861.5 kDKK in 2023. The operating profit was 56.5 kDKK, while net earnings were 49.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good and Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 70.7 %, 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 2.2 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.