Nordic Hotdog ApS — Credit Rating and Financial Key Figures

Nordic Hotdog ApS (CVR number: 40376747) is a company from ESBJERG. The company reported a net sales of 2.4 mDKK in 2023, demonstrating a growth of 63.5 % compared to the previous year. The operating profit percentage was at 5.5 % (EBIT: 0.1 mDKK), while net earnings were 101.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.8 %, which can be considered excellent and Return on Equity (ROE) was 85.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.3 %, 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. Nordic Hotdog ApS's liquidity measured by quick ratio was 1.7 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.