Nordsee Holidays 2019 P/S — Credit Rating and Financial Key Figures

Nordsee Holidays 2019 P/S (CVR number: 40202188) is a company from VARDE. The company recorded a gross profit of 435 kDKK in 2023. The operating profit was -41.4 kDKK, while net earnings were -145.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.5 %, which can be considered poor and Return on Equity (ROE) was -4.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24 %, 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. Nordsee Holidays 2019 P/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.