Nordic Crane A/S — Credit Rating and Financial Key Figures

Nordic Crane A/S (CVR number: 34075840) is a company from HELSINGØR. The company reported a net sales of 77.7 mDKK in 2023, demonstrating a decline of -3.6 % compared to the previous year. The operating profit percentage was at 13.7 % (EBIT: 10.6 mDKK), while net earnings were 6683.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good but Return on Equity (ROE) was 19.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.1 %, 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. Nordic Crane A/S's liquidity measured by quick ratio was 1.1 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.