Norden Advokatfirma Advokatanpartsselskab — Credit Rating and Financial Key Figures

Norden Advokatfirma Advokatanpartsselskab (CVR number: 32477488) is a company from Brønderslev. The company recorded a gross profit of 26.8 mDKK in 2023. The operating profit was 4499.5 kDKK, while net earnings were 3071.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.2 %, which can be considered excellent and Return on Equity (ROE) was 120.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Norden Advokatfirma Advokatanpartsselskab's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.