NORDIC HOTEL GROUP A/S — Credit Rating and Financial Key Figures

NORDIC HOTEL GROUP A/S (CVR number: 34729107) is a company from AARHUS. The company recorded a gross profit of 1396.8 kDKK in 2023. The operating profit was 1396.8 kDKK, while net earnings were 1345.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.5 %, which can be considered good and Return on Equity (ROE) was 14.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.1 %, 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 HOTEL GROUP A/S's liquidity measured by quick ratio was 1.7 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.