Nordisk Games A/S — Credit Rating and Financial Key Figures

Nordisk Games A/S (CVR number: 41484918K) is a company from KØBENHAVN. The company reported a net sales of 88.3 mEUR in 2021. The operating profit percentage was at 19.8 % (EBIT: 17.4 mEUR), while net earnings were 18.2 mEUR. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent and Return on Equity (ROE) was 58.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22 %, 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. Nordisk Games A/S's liquidity measured by quick ratio was 0.3 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.