Nornic Holding ApS — Credit Rating and Financial Key Figures

Nornic Holding ApS (CVR number: 41174005) is a company from KØBENHAVN. The company recorded a gross profit of -14.6 kDKK in 2023. The operating profit was -14.6 kDKK, while net earnings were -43.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak but Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.3 %, 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. Nornic Holding ApS's liquidity measured by quick ratio was 1.5 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.