LiteNordic ApS — Credit Rating and Financial Key Figures

LiteNordic ApS (CVR number: 39681668) is a company from AARHUS. The company recorded a gross profit of 4182.2 kDKK in 2023. The operating profit was 2302.7 kDKK, while net earnings were 1746.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33 %, which can be considered excellent and Return on Equity (ROE) was 43.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.6 %, 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. LiteNordic ApS's liquidity measured by quick ratio was 3.7 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.