Nordic Solar A/S — Credit Rating and Financial Key Figures

Nordic Solar A/S (CVR number: 33367023) is a company from GENTOFTE. The company recorded a gross profit of -176 kEUR in 2016. The operating profit was -219 kEUR, while net earnings were -25 kEUR. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Nordic Solar A/S'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.