Norse Projects ApS — Credit Rating and Financial Key Figures

Norse Projects ApS (CVR number: 19536009) is a company from KØBENHAVN. The company recorded a gross profit of 18.4 mDKK in 2024. The operating profit was 1783 kDKK, while net earnings were 1299.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent and Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 74.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Norse Projects ApS's liquidity measured by quick ratio was 2.4 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.