NORDIC APPAREL APS — Credit Rating and Financial Key Figures

NORDIC APPAREL APS (CVR number: 35801626) is a company from KØBENHAVN. The company recorded a gross profit of 6867 kDKK in 2024. The operating profit was 2796.6 kDKK, while net earnings were 2011.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.6 %, which can be considered excellent and Return on Equity (ROE) was 38.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.1 %, 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 APPAREL APS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.