Nordic Finance ApS — Credit Rating and Financial Key Figures

Nordic Finance ApS (CVR number: 39620669) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 0 mDKK in 2023, demonstrating a growth of 22.3 % compared to the previous year. The operating profit percentage was poor at -21.2 % (EBIT: -0 mDKK), while net earnings were -255 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent but Return on Equity (ROE) was -20.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Nordic Finance ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.