Nordic Glass Solutions ApS — Credit Rating and Financial Key Figures

Nordic Glass Solutions ApS (CVR number: 43094955) is a company from HERNING. The company recorded a gross profit of -197.4 kDKK in 2023. The operating profit was -854.3 kDKK, while net earnings were -899.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -119.1 %, which can be considered poor and Return on Equity (ROE) was -196.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -18.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordic Glass Solutions ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.