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 499.9 kDKK in 2025. The operating profit was 34.8 kDKK, while net earnings were 15.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good but Return on Equity (ROE) was 29.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. NORDIC CABLES ApS'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.