Nordjysk Autocenter ApS — Credit Rating and Financial Key Figures

Nordjysk Autocenter ApS (CVR number: 41481811) is a company from AALBORG. The company recorded a gross profit of 3045.3 kDKK in 2023. The operating profit was 607.2 kDKK, while net earnings were 351 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good but Return on Equity (ROE) was 103.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.3 %, 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. Nordjysk Autocenter ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.