NordicSub ApS — Credit Rating and Financial Key Figures

NordicSub ApS (CVR number: 40990844) is a company from KERTEMINDE. The company recorded a gross profit of 2791.1 kDKK in 2024. The operating profit was 510.9 kDKK, while net earnings were 319.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good but Return on Equity (ROE) was 16.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. NordicSub ApS'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.