Nordic Surf Travel ApS — Credit Rating and Financial Key Figures

Nordic Surf Travel ApS (CVR number: 39847736) is a company from THISTED. The company recorded a gross profit of 21.4 kDKK in 2022. The operating profit was -137.9 kDKK, while net earnings were -141.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -48.8 %, which can be considered poor and Return on Equity (ROE) was -93.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Nordic Surf Travel ApS's liquidity measured by quick ratio was 7.5 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.