Nordic Banners ApS — Credit Rating and Financial Key Figures

Nordic Banners ApS (CVR number: 37678848) is a company from FREDERIKSBERG. The company recorded a gross profit of -26.4 kDKK in 2016. The operating profit was -26.4 kDKK, while net earnings were -20.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -70.6 %, which can be considered poor and Return on Equity (ROE) was -70.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Nordic Banners ApS's liquidity measured by quick ratio was 4.6 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.