Nordic Developing ApS — Credit Rating and Financial Key Figures

Nordic Developing ApS (CVR number: 36986557) is a company from KØBENHAVN. The company recorded a gross profit of -294 kDKK in 2023. The operating profit was -356.2 kDKK, while net earnings were -388.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.7 %, which can be considered poor and Return on Equity (ROE) was -55 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -14.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordic Developing ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.