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

Nordic Wood Industries A/S (CVR number: 37385603) is a company from SILKEBORG. The company reported a net sales of 16.2 mDKK in 2023, demonstrating a growth of 28.6 % compared to the previous year. The operating profit percentage was poor at -10.3 % (EBIT: -1.7 mDKK), while net earnings were 38.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.9 %, which can be considered good but Return on Equity (ROE) was 15.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Nordic Wood Industries A/S's liquidity measured by quick ratio was 3.8 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.