Nørregaard VVS ApS — Credit Rating and Financial Key Figures

Nørregaard VVS ApS (CVR number: 37809411) is a company from ODENSE. The company recorded a gross profit of 100.4 kDKK in 2017. The operating profit was -3.5 kDKK, while net earnings were -5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.2 %, which can be considered poor and Return on Equity (ROE) was -11.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.6 %, 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. Nørregaard VVS 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.