Q-NOR Engineering ApS

Q-NOR Engineering ApS (CVR number: 40071261) is a company from HJØRRING. The company recorded a gross profit of 1074.7 kDKK in 2023. The operating profit was 246 kDKK, while net earnings were 190 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.4 %, which can be considered excellent and Return on Equity (ROE) was 31.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Q-NOR Engineering ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.