NORDIC AIR A/S — Credit Rating and Financial Key Figures

NORDIC AIR A/S (CVR number: 14820736) is a company from AALBORG. The company recorded a gross profit of 6458.1 kDKK in 2023. The operating profit was 3911.6 kDKK, while net earnings were -644.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -1.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NORDIC AIR A/S's liquidity measured by quick ratio was 4 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.