Aurora Nordic Cannabis A/S — Credit Rating and Financial Key Figures

Aurora Nordic Cannabis A/S (CVR number: 39329433K) is a company from ODENSE. The company recorded a gross profit of 0 kDKK in 2018. The operating profit was -3508 kDKK, while net earnings were -2796 kDKK. The profitability of the company measured by Return on Assets (ROA) was -39.2 %, which can be considered poor and Return on Equity (ROE) was -32.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -21.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Aurora Nordic Cannabis A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.