Nordic Gluten Free Bakery ApS — Credit Rating and Financial Key Figures

Nordic Gluten Free Bakery ApS (CVR number: 37912174) is a company from HEDENSTED. The company recorded a gross profit of 15.4 mDKK in 2023. The operating profit was 5106 kDKK, while net earnings were 3947.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.7 %, which can be considered excellent and Return on Equity (ROE) was 34.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Nordic Gluten Free Bakery ApS's liquidity measured by quick ratio was 1.8 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.