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 22.6 mDKK in 2023. The operating profit was 4976.4 kDKK, while net earnings were 3872.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good and Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 65.9 %, 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 1.9 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.