Nordic Subsea ApS — Credit Rating and Financial Key Figures

Nordic Subsea ApS (CVR number: 38035762) is a company from SVENDBORG. The company recorded a gross profit of 2572.2 kDKK in 2023. The operating profit was 1568.3 kDKK, while net earnings were 1213.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 64.7 %, which can be considered excellent and Return on Equity (ROE) was 97.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.8 %, 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. Nordic Subsea 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.