Nørgaard Madsen Holding ApS — Credit Rating and Financial Key Figures

Nørgaard Madsen Holding ApS (CVR number: 27912672) is a company from VEJLE. The company recorded a gross profit of 135.5 kDKK in 2023. The operating profit was 135.5 kDKK, while net earnings were 850.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.8 %, which can be considered excellent and Return on Equity (ROE) was 49.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Nørgaard Madsen Holding ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.