NORS ERHVERVSCENTER A/S — Credit Rating and Financial Key Figures

NORS ERHVERVSCENTER A/S (CVR number: 29194769) is a company from THISTED. The company recorded a gross profit of 2830.5 kDKK in 2023. The operating profit was 1641.7 kDKK, while net earnings were 910.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 19.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.6 %, 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. NORS ERHVERVSCENTER A/S'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.