Nordic Biler ApS — Credit Rating and Financial Key Figures

Nordic Biler ApS (CVR number: 42662321) is a company from Høje-Taastrup. The company recorded a gross profit of 802.7 kDKK in 2023. The operating profit was -1993.8 kDKK, while net earnings were -1758.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.6 %, which can be considered poor and Return on Equity (ROE) was -19.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -19.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordic Biler ApS'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.