Norwegian Air Resources DK LH ApS

Norwegian Air Resources DK LH ApS (CVR number: 39754150) is a company from TÅRNBY. The company recorded a gross profit of 21.2 mDKK in 2018. The operating profit was 479.5 kDKK, while net earnings were 275.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was 84.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 0.8 %, 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. Norwegian Air Resources DK LH ApS's liquidity measured by quick ratio was 2.2 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.