Save Nordic ApS — Credit Rating and Financial Key Figures

Save Nordic ApS (CVR number: 37566721) is a company from ODENSE. The company recorded a gross profit of 1487.7 kDKK in 2022. The operating profit was 68.3 kDKK, while net earnings were 1.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -18.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Save Nordic ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.