NORWAY EXPRESS ApS — Credit Rating and Financial Key Figures

NORWAY EXPRESS ApS (CVR number: 14485600) is a company from AABENRAA. The company recorded a gross profit of 2010.4 kDKK in 2023. The operating profit was -216.8 kDKK, while net earnings were 236 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 59.2 %, 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. NORWAY EXPRESS ApS's liquidity measured by quick ratio was 2.1 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.