NORDWAX ApS — Credit Rating and Financial Key Figures

NORDWAX ApS (CVR number: 26620821) is a company from ÆRØ. The company recorded a gross profit of 102 kDKK in 2016. The operating profit was 102 kDKK, while net earnings were 84.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.2 %, which can be considered excellent and Return on Equity (ROE) was 40.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.9 %, 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. NORDWAX ApS's liquidity measured by quick ratio was 2.4 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.