NORCARE ApS — Credit Rating and Financial Key Figures

NORCARE ApS (CVR number: 30594703) is a company from KØBENHAVN. The company recorded a gross profit of 404.4 kDKK in 2018. The operating profit was 222.7 kDKK, while net earnings were -123 kDKK. The profitability of the company measured by Return on Assets (ROA) was 59.9 %, which can be considered excellent but Return on Equity (ROE) was -57.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.3 %, 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. NORCARE ApS's liquidity measured by quick ratio was 2.1 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.