Nørgaard Holding IVS — Credit Rating and Financial Key Figures

Nørgaard Holding IVS (CVR number: 37976539) is a company from KØBENHAVN. The company recorded a gross profit of 4.8 kDKK in 2018. The operating profit was 4.3 kDKK, while net earnings were 3.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.8 %, which can be considered excellent but Return on Equity (ROE) was 14.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 73.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Nørgaard Holding IVS's liquidity measured by quick ratio was 3.8 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.