Nordic Trade ApS — Credit Rating and Financial Key Figures

Nordic Trade ApS (CVR number: 28148879) is a company from GENTOFTE. The company recorded a gross profit of -1.5 kDKK in 2017, demonstrating a decline of 0 % compared to the previous year. The operating profit was -1.5 kDKK, while net earnings were -1.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Nordic Trade ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.