Tømrerfirmaet Nørgaard & Kristensen ApS — Credit Rating and Financial Key Figures

Tømrerfirmaet Nørgaard & Kristensen ApS (CVR number: 40100938) is a company from HJØRRING. The company recorded a gross profit of 1751.5 kDKK in 2023. The operating profit was 730 kDKK, while net earnings were 572.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38 %, which can be considered excellent and Return on Equity (ROE) was 42.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Tømrerfirmaet Nørgaard & Kristensen ApS's liquidity measured by quick ratio was 3 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.