Nordic Global Commerce ApS — Credit Rating and Financial Key Figures

Nordic Global Commerce ApS (CVR number: 40798374) is a company from MIDDELFART. The company recorded a gross profit of 66.1 kDKK in 2024. The operating profit was 66.1 kDKK, while net earnings were 50 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was 21.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Nordic Global Commerce ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.