Nygaard Trading & Recycling ApS — Credit Rating and Financial Key Figures

Nygaard Trading & Recycling ApS (CVR number: 42955795) is a company from VEJLE. The company recorded a gross profit of 990.3 kDKK in 2023. The operating profit was 929.6 kDKK, while net earnings were 717.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 78.2 %, which can be considered excellent and Return on Equity (ROE) was 79.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.4 %, 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. Nygaard Trading & Recycling ApS's liquidity measured by quick ratio was 4.2 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.