Nordens Fragt IVS — Credit Rating and Financial Key Figures

Nordens Fragt IVS (CVR number: 37778001) is a company from ISHØJ. The company recorded a gross profit of 0 kDKK in 2018, demonstrating a decline of -100 % compared to the previous year. The operating profit was 0 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.5 %, 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. Nordens Fragt IVS's liquidity measured by quick ratio was 3.4 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.