Nordic Works ApS — Credit Rating and Financial Key Figures

Nordic Works ApS (CVR number: 37061913) is a company from GENTOFTE. The company recorded a gross profit of 415.9 kDKK in 2023. The operating profit was -73.2 kDKK, while net earnings were -77.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.5 %, which can be considered poor and Return on Equity (ROE) was -46.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Nordic Works 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.