NORDISK MORRIS MINOR LAGER A/S — Credit Rating and Financial Key Figures

NORDISK MORRIS MINOR LAGER A/S (CVR number: 26988403) is a company from RANDERS. The company recorded a gross profit of 179.5 kDKK in 2023. The operating profit was 178.7 kDKK, while net earnings were 66.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good and Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 33.1 %, 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. NORDISK MORRIS MINOR LAGER A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.