Nyborg Jernhandel ApS — Credit Rating and Financial Key Figures

Nyborg Jernhandel ApS (CVR number: 30193865) is a company from NYBORG. The company recorded a gross profit of 6825.1 kDKK in 2023. The operating profit was 1533.2 kDKK, while net earnings were 1205.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.1 %, which can be considered excellent but Return on Equity (ROE) was 14.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 94.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Nyborg Jernhandel ApS's liquidity measured by quick ratio was 8.6 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.