Nord Renewables ApS — Credit Rating and Financial Key Figures

Nord Renewables ApS (CVR number: 42187615) is a company from RANDERS. The company recorded a gross profit of -165 kDKK in 2024. The operating profit was -165 kDKK, while net earnings were 42 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent and Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Nord Renewables ApS's liquidity measured by quick ratio was 3.4 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.