NORDEX HOLDING A/S — Credit Rating and Financial Key Figures

NORDEX HOLDING A/S (CVR number: 13414092K) is a company from Brønderslev. The company reported a net sales of 2915.5 mDKK in 2023, demonstrating a growth of 9.4 % compared to the previous year. The operating profit percentage was at 2.4 % (EBIT: 70.9 mDKK), while net earnings were 28.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 14.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 21.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. NORDEX HOLDING A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.