NORNORM International Furnishings ApS — Credit Rating and Financial Key Figures

NORNORM International Furnishings ApS (CVR number: 42490407) is a company from KØBENHAVN. The company recorded a gross profit of 3106.4 kEUR in 2023. The operating profit was 1864.4 kEUR, while net earnings were 16.8 kEUR. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 84.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NORNORM International Furnishings ApS's liquidity measured by quick ratio was 1.7 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.