Nordic Apparel Retail ApS — Credit Rating and Financial Key Figures

Nordic Apparel Retail ApS (CVR number: 40748458) is a company from KØBENHAVN. The company recorded a gross profit of 689.2 kDKK in 2023. The operating profit was 171.5 kDKK, while net earnings were 126.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.1 %, which can be considered excellent and Return on Equity (ROE) was 27.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -12.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordic Apparel Retail ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.