NORDTURN MASKINFABRIK ApS — Credit Rating and Financial Key Figures

NORDTURN MASKINFABRIK ApS (CVR number: 33870752K) is a company from Brønderslev. The company recorded a gross profit of 5600 kDKK in 2016. The operating profit was 847 kDKK, while net earnings were 460 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 18.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21 %, 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. NORDTURN MASKINFABRIK ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.