Nord Technology A/S — Credit Rating and Financial Key Figures

Nord Technology A/S (CVR number: 29144230) is a company from BALLERUP. The company recorded a gross profit of 2134.2 kDKK in 2023. The operating profit was 343.3 kDKK, while net earnings were 235 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good but Return on Equity (ROE) was 30.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.9 %, 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. Nord Technology A/S'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.