MARE DEL NORD ApS — Credit Rating and Financial Key Figures

MARE DEL NORD ApS (CVR number: 29011591) is a company from HJØRRING. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 128.7 kDKK, while net earnings were 97.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good but Return on Equity (ROE) was 49.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MARE DEL NORD ApS'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.