NOJ FONDEN — Credit Rating and Financial Key Figures

NOJ FONDEN (CVR number: 11702597) is a company from KØBENHAVN. The company reported a net sales of 3.5 mDKK in 2023, demonstrating a growth of 12.9 % compared to the previous year. The operating profit percentage was at 26.5 % (EBIT: 0.9 mDKK), while net earnings were 4077.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent but Return on Equity (ROE) was 8.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NOJ FONDEN's liquidity measured by quick ratio was 47 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.