Norgem ApS — Credit Rating and Financial Key Figures

Norgem ApS (CVR number: 42709379) is a company from SYDDJURS. The company recorded a gross profit of 411.1 kDKK in 2022. The operating profit was -345.3 kDKK, while net earnings were -366.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -29.3 %, which can be considered poor and Return on Equity (ROE) was -43.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -28.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Norgem 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.