NYGAARD DESIGN A/S — Credit Rating and Financial Key Figures

NYGAARD DESIGN A/S (CVR number: 24208540) is a company from MORSØ. The company reported a net sales of 0.4 mDKK in 2018, demonstrating a decline of -39.9 % compared to the previous year. The operating profit percentage was at 23.5 % (EBIT: 0.1 mDKK), while net earnings were 101 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16 %, which can be considered excellent and Return on Equity (ROE) was 17.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NYGAARD DESIGN A/S's liquidity measured by quick ratio was 12.2 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.