Nordens El ApS — Credit Rating and Financial Key Figures

Nordens El ApS (CVR number: 38464345) is a company from HELSINGØR. The company recorded a gross profit of 9160.2 kDKK in 2023. The operating profit was 338.3 kDKK, while net earnings were 235.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good but Return on Equity (ROE) was 15.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.2 %, 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. Nordens El 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.