Nordic Hope IVS — Credit Rating and Financial Key Figures

Nordic Hope IVS (CVR number: 37342149) is a company from FREDERIKSBERG. The company recorded a gross profit of 43.9 kDKK in 2018. The operating profit was -19 kDKK, while net earnings were -54.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.7 %, which can be considered poor and Return on Equity (ROE) was -68.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordic Hope IVS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.