Nordic Car ApS

Nordic Car ApS (CVR number: 40969608) is a company from RUDERSDAL. The company recorded a gross profit of 3138.3 kDKK in 2020. The operating profit was 1268.9 kDKK, while net earnings were 922.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.2 %, which can be considered excellent and Return on Equity (ROE) was 112.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Nordic Car 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.