TEKNORDIC ApS — Credit Rating and Financial Key Figures

TEKNORDIC ApS (CVR number: 29787506) is a company from AALBORG. The company recorded a gross profit of 18.5 kDKK in 2016. The operating profit was -70.8 kDKK, while net earnings were -55.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -49.9 %, which can be considered poor and Return on Equity (ROE) was -78.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -47.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TEKNORDIC ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.