Nordic Wood Industries A/S — Credit Rating and Financial Key Figures

Nordic Wood Industries A/S (CVR number: 37385603K) is a company from SILKEBORG. The company reported a net sales of 696 mDKK in 2023, demonstrating a decline of -23.8 % compared to the previous year. The operating profit percentage was at 6.8 % (EBIT: 47.6 mDKK), while net earnings were 33.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good and Return on Equity (ROE) was 13.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 44.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Nordic Wood Industries A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.