Nordic Tools ApS

Nordic Tools ApS (CVR number: 40294805) is a company from HOLSTEBRO. The company reported a net sales of 8.2 mDKK in 2022, demonstrating a growth of 3.9 % compared to the previous year. The operating profit percentage was at 1.7 % (EBIT: 0.1 mDKK), while net earnings were 59.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good but Return on Equity (ROE) was 17.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Nordic Tools ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.