Nordic Accessories ApS — Credit Rating and Financial Key Figures

Nordic Accessories ApS (CVR number: 36725567) is a company from SILKEBORG. The company recorded a gross profit of -13 kDKK in 2017. The operating profit was -13 kDKK, while net earnings were -48 kDKK. The profitability of the company measured by Return on Assets (ROA) was -47.9 %, which can be considered poor and Return on Equity (ROE) was -197.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -43.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordic Accessories ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.