Nordic Electronics ApS — Credit Rating and Financial Key Figures

Nordic Electronics ApS (CVR number: 38102303) is a company from HERNING. The company recorded a gross profit of 472.7 kDKK in 2023. The operating profit was 307.8 kDKK, while net earnings were 239.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good but Return on Equity (ROE) was 37.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Nordic Electronics ApS's liquidity measured by quick ratio was 1.9 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.