NORTOFT ELECTRONIC A/S — Credit Rating and Financial Key Figures

NORTOFT ELECTRONIC A/S (CVR number: 13849692) is a company from VEJLE. The company recorded a gross profit of 9721.6 kDKK in 2023. The operating profit was 4976.8 kDKK, while net earnings were 3480.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.1 %, which can be considered excellent and Return on Equity (ROE) was 33.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. NORTOFT ELECTRONIC A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.