Nordic Waste A/S — Credit Rating and Financial Key Figures

Nordic Waste A/S (CVR number: 39560186) is a company from RANDERS. The company recorded a gross profit of 47.7 mDKK in 2022. The operating profit was 25.8 mDKK, while net earnings were 20.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 56.3 %, which can be considered excellent and Return on Equity (ROE) was 140.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.8 %, 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. Nordic Waste A/S's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.