Nordicart Tattoo Esbjerg Aps

Nordicart Tattoo Esbjerg Aps (CVR number: 31758270) is a company from ESBJERG. The company recorded a gross profit of 8179.4 kDKK in 2023. The operating profit was 308.8 kDKK, while net earnings were 213.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good but Return on Equity (ROE) was 35.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Nordicart Tattoo Esbjerg Aps's liquidity measured by quick ratio was 1.7 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.