Noergaard Diamonds ApS — Credit Rating and Financial Key Figures

Noergaard Diamonds ApS (CVR number: 42920355) is a company from ODENSE. The company recorded a gross profit of -49.7 kDKK in 2024. The operating profit was -49.7 kDKK, while net earnings were -38.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -134.2 %, which can be considered poor and Return on Equity (ROE) was -119.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -20.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Noergaard Diamonds ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.