Nørgaard Byg ApS — Credit Rating and Financial Key Figures

Nørgaard Byg ApS (CVR number: 41382031) is a company from Brønderslev. The company recorded a gross profit of 944.3 kDKK in 2023. The operating profit was -0.9 kDKK, while net earnings were -8.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -21.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nørgaard Byg ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.