Nordjyske Jernbaner Invest III A/S — Credit Rating and Financial Key Figures

Nordjyske Jernbaner Invest III A/S (CVR number: 36946253) is a company from HJØRRING. The company recorded a gross profit of -22.9 kDKK in 2022. The operating profit was -22.9 kDKK, while net earnings were 259.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak but Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 0.7 %, 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. Nordjyske Jernbaner Invest III A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.