NORDIC BULK COMPANY A/S — Credit Rating and Financial Key Figures

NORDIC BULK COMPANY A/S (CVR number: 26923557K) is a company from AARHUS. The company recorded a gross profit of 21 mDKK in 2018. The operating profit was 16.8 mDKK, while net earnings were 12.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19.6 %, which can be considered excellent and Return on Equity (ROE) was 52.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.3 %, 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 BULK COMPANY A/S'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.