NORDIC BASIC WEAR A/S — Credit Rating and Financial Key Figures

NORDIC BASIC WEAR A/S (CVR number: 28119895) is a company from SKANDERBORG. The company recorded a gross profit of 2875.1 kDKK in 2023. The operating profit was 1356.4 kDKK, while net earnings were 804.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good and Return on Equity (ROE) was 13.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 75.5 %, 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. NORDIC BASIC WEAR A/S's liquidity measured by quick ratio was 1.3 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.