NORDIC FREIGHT ApS — Credit Rating and Financial Key Figures

NORDIC FREIGHT ApS (CVR number: 32303951) is a company from SOLRØD. The company recorded a gross profit of 211 kDKK in 2018. The operating profit was -196.9 kDKK, while net earnings were -197.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -42.7 %, which can be considered poor and Return on Equity (ROE) was -111.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -29.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. NORDIC FREIGHT ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.