NORTH-TEC Danmark ApS — Credit Rating and Financial Key Figures

NORTH-TEC Danmark ApS (CVR number: 43466429) is a company from MIDDELFART. The company recorded a gross profit of 331 kDKK in 2023. The operating profit was 331 kDKK, while net earnings were 261.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good but Return on Equity (ROE) was 55.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.7 %, 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. NORTH-TEC Danmark ApS's liquidity measured by quick ratio was 2.6 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.