Nørgaard Maskinstation IVS — Credit Rating and Financial Key Figures

Nørgaard Maskinstation IVS (CVR number: 40081860) is a company from JAMMERBUGT. The company recorded a gross profit of 146.9 kDKK in 2019. The operating profit was 146.9 kDKK, while net earnings were 114.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 63.7 %, which can be considered excellent and Return on Equity (ROE) was 95.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.9 %, 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. Nørgaard Maskinstation IVS's liquidity measured by quick ratio was 2.1 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.