NORDEN Asset Management A/S — Credit Rating and Financial Key Figures

NORDEN Asset Management A/S (CVR number: 41058749) is a company from GENTOFTE. The company reported a net sales of 1008 mUSD in 2024, demonstrating a growth of 5.5 % compared to the previous year. The operating profit percentage was at 86.3 % (EBIT: 870 mUSD), while net earnings were 0.9 kUSD. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good but Return on Equity (ROE) was 0 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NORDEN Asset Management A/S's liquidity measured by quick ratio was 2.5 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.