Nôrd by Nôrd IVS

Nôrd by Nôrd IVS (CVR number: 37411302) is a company from SKANDERBORG. The company reported a net sales of 0.1 mDKK in 2019, demonstrating a growth of 370.3 % compared to the previous year. The operating profit percentage was at 6.3 % (EBIT: 0 mDKK), while net earnings were 4.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.2 %, which can be considered good and Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Nôrd by Nôrd IVS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.