Nordthy A/S — Credit Rating and Financial Key Figures

Nordthy A/S (CVR number: 76427011) is a company from THISTED. The company reported a net sales of 795.7 mDKK in 2023, demonstrating a growth of 39.8 % compared to the previous year. The operating profit percentage was at 6.6 % (EBIT: 52.8 mDKK), while net earnings were 32.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good but Return on Equity (ROE) was 27 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.6 %, 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. Nordthy A/S'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.