NORDIC CABLES ApS — Credit Rating and Financial Key Figures

NORDIC CABLES ApS (CVR number: 32441084) is a company from EGEDAL. The company recorded a gross profit of 83.6 kDKK in 2024. The operating profit was 28.7 kDKK, while net earnings were 18.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24 %, which can be considered excellent and Return on Equity (ROE) was 52.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.6 %, 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 CABLES ApS's liquidity measured by quick ratio was 1.5 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.