M. M. NØRGAARD ApS — Credit Rating and Financial Key Figures

M. M. NØRGAARD ApS (CVR number: 29634246) is a company from FAVRSKOV. The company recorded a gross profit of 310.5 kDKK in 2023. The operating profit was -32.9 kDKK, while net earnings were -25.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.3 %, which can be considered poor and Return on Equity (ROE) was -27.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. M. M. NØRGAARD ApS's liquidity measured by quick ratio was 1.8 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.